Madoff Trustee Turns Up $75M

Bernie’s assets are popping up all over: A trustee appointed to unwind Madoff’s businesses says the swindler’s assets that have been tracked to Gibraltar are worth about $75 million, raising the recovered total to $1 billion. Trustee David Sheehan also told a court today that French authorities could soon try to seize Madoff’s three-bedroom apartment in Cap d’Antibes, worth about $1.6 million. Sheehan is also asking the court to give him power of attorney over Madoff’s UK unit to help speed his efforts to recover assets for investors.