Ruth Madoff, whose husband Bernard L. Madoff is serving 150 years for defrauding investors of as much as $65 billion in a Ponzi scheme, is making amends for his crime by delivering meals to the homebound in a 1996 Infiniti in south Florida, the New York Post reported today.
Ruth Madoff is living at the $4.5 million Palm Beach mansion of her brother-in-law Peter Madoff, according to neighbors and a postman who delivers her mail there, the newspaper said. The car she uses for her charity work, which was purchased in January for a “few thousand,” is registered to her sister Joan Roman’s address in Boca Raton, Florida, the Post said, without specifying a source.
“She doesn’t own a home, friends and relatives have been kind enough to give her places to stay,” Ruth Madoff’s lawyer Peter Chavkin said, according to the newspaper.
Ruth Madoff now often goes by her maiden name Alpern, the newspaper said. Bernard Madoff was sentenced to 150 years in prison on June 29, 2009. Ruth Madoff was left with $2.5 million in cash under a settlement the family reached with federal prosecutors. She must keep receipts for personal expenses and submit monthly reports for all purchases over $100 to a bankruptcy judge.