Bernard Madoff's yacht "Bull," two smaller boats and a Mercedes-Benz convertible have been sold for over $1 million combined at a private auction in Fort Lauderdale Tuesday.
Madoff's 1969 Rybovich, a 55-foot fishing boat, sold for $700,000 to an unknown buyer. A 38-foot Shelter Island runabout named "Sitting Bull" went for $320,000 and the 24-foot Maverick center console "Little Bull" fetched $21,000.
The Mercedes, a 1999 model, sold for $30,000. It didn't have a name be we call it Bull-et (get it?).
A 61-foot Viking yacht once owned by a Madoff associate sold for $950,000.
Proceeds will benefit Madoff's wronged investors. Madoff is serving a 150-year prison sentence.
The private auction was held by the U.S. Marshals, which seized Madoff's assets after his massive Ponzi scheme was exposed.
