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Madoff assets now at $1 billion



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It's not $65 billion, but it's not $0 either. Who knows where else they will find money hidden around the world, not to mention the assets shifted to his wife before pleading guilty.

A lawyer for the trustee seeking to locate disgraced financier Bernard Madoff's assets for investors says more than $1 billion has been found.

Attorney David Sheehan says $75 million located in an account in Gibraltar raises the amount being pursued past the $1 billion mark.


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