The
New York Post’s Jennifer Gould Keil reportsthat former Bernie Madoff partner/neighbour Maurice “Sonny” Cohn has sold his Amagansett beachfront home for $US11 million.
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.
Now let’s tour Cohn’s recently sold beach digs.
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