Moving In

Cabbage Patch CEO Gets Madoff Digs

The marketing mogul behind Cabbage Patch kids and Pokemon toys is moving into jailed Ponzi schemer Bernard Madoff's New York apartment, the New York Post reports. Alfred R. Kahn, the CEO of 4Kids Entertainment, has signed a deal for the Upper East Side apartment, which was recently listed at $8.9 million. The sale will go toward the government's effort to pay back Madoff's victims. On Friday, Madoff's relatives agreed to an asset freeze. The family will not sell any property worth more than $1,000 as a trustee continues to gather any assets which could go to the moneyman's defrauded clients.