A Former Bernie Madoff Partner Just Sold His Amagansett Beachfront Home For $11 Million
Nov 26, 2013, 21:20 IST
The New York Post's Jennifer Gould Keil reports that former Bernie Madoff partner/neighbor Maurice "Sonny" Cohn has sold his Amagansett beachfront home for $11 million.
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The home was listed by Elliman for $12.9 million.
Cohn ran a feeder fund called Cohmad Securities (a combination of "Cohn" and "Madoff") that introduced investor capital to Madoff's investment company, according to ProPublica.
Madoff was convicted of running a massive ponzi scheme. He is serving a 150 year prison sentence in Butner, North Carolina.
Cohn and his associates settled with the Securities and Exchange Commission back in 2010.
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Now let's tour Cohn's recently sold beach digs.