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Page last updated at 08:58 GMT, Thursday, 2 April 2009 09:58 UK

Bernard Madoff's assets seized

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US officials have seized the multi-million dollar Palm Beach home of disgraced Wall Street financier Bernard Madoff and his wife.

Madoff's 55ft (17m) yacht, named Bull, and a motor boat were seized earlier from two Florida marinas.

The former Nasdaq stock market chairman has been charged with operating the biggest investment fraud on Wall Street.

Neil Bowdler reports.

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