Sold! Bernie Madoff Beach House Goes to Contract at $8.75 Mil +

Bernard Madoff's Montauk beach house on New York's Long Island has been sold to an unidentified buyer in an all cash deal "over the asking price," realtors Joan and Raymond Hegner of the Corcoran Group told ABCNews.com. "We have a fully signed contract," said Joan Hegner, who added that interest in the convicted conman's beachfront property was "fast and furious." Click here for complete Blotter coverage of Madoff and his Ponzi scheme. Hegner said several buyers submitted sealed, final...Full Story
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