Ruth Madoff says her $62 Million 'unrelated' to fraud

Right. Because we working stiffs know that that sort of money is easy to come by just through hard work, luck and a few connections. - Ed.

March 3 (Bloomberg) -- Ruth Madoff said she owns a Manhattan apartment, $45 million in bonds and $17 million in cash that are “unrelated” to an alleged Ponzi scheme by her husband, Bernard Madoff.

U.S. District Judge Louis Stanton, who is presiding over a lawsuit against Madoff by the Securities and Exchange Commission, filed an order yesterday modifying terms of an asset freeze on Bernard Madoff’s property. As part of his order, he cited a claim by Ruth Madoff that some of her assets are separate from his.

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