The story

Federal prosecutors are seeking the forfeiture of Bernard Madoff's four homes and other assets after Madoff's guilty plea to masterminding a massive investment fraud.

Madoff is in jail at the Metropolitan Correctional Center in lower Manhattan after pleading guilty to operating on the largest Ponzi schemes in history.

He faces 150 years in prison when he is sentenced June 16. Read full article »

All About Bernard MadoffBernard L. Madoff Investment Securities LLC