Where is Ruth Madoff now? Ruth Madoff, who was born Alpern, is the wife of American financial fraudster Bernie Madoff, who served time in prison for running a fraudulent financial scheme.
Who is also known for creating one of the biggest scams in Wall Street’s history. But The question arises, Where is Ruth now? So, keep reading this article to know it all.
Where Is Ruth Madoff Now?
After the apartments she owned with Bernie were sold, she lived with her sister for a few years.
After that, she moved into one of her son Andrew’s apartments. But She lived alone in a smaller apartment after Andrew died in 2014.
Ruth is currently living in a big, 4,000-square-foot house on the water in Old Greenwich, Connecticut. This house is owned by her daughter-in-law, Susan Elkin, who was her son Mark Madoff’s first wife.
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Ruth Madoff Accepted Bernie’s Fraud In Silence
When Bernie Madoff was arrested in December 2008, He was the man behind the biggest Ponzi scheme in history.
His wife Ruth and sons Mark and Andrew suffered social retribution even though they were not involved in his scam.
Ruth Madoff never divorced her husband, who died in 2021. And She accepted the results of his fraud in quietness.
After Bernie Madoff was sentenced to 150 years in prison and ordered to pay $170 billion in restitution in 2009, prosecutors went after his and Ruth’s assets in order to compensate the victims. While she had $70 million in assets in her name.
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