Ruth Madoff is not going to give up her millions to authorities

Accused fraudster Bernard Madoff's wife Ruth Madoff said that the Manhattan apartment, $45 million in bonds on deposit in at Cohmad Securities Corp., and $17 million in cash she owns are “unrelated” to Ponzi scheme her husband suspected of, that means “only Ruth Madoff has a beneficial ownership” as Madoff’s lawyer claimed.

On Monday presiding over a lawsuit filed by the Securities and Exchange Commission against Madoff, U.S. District Judge Louis Stanton issued an order that modifies terms of an asset freeze on Bernard Madoff’s property, the order cites Madoff’s claims about her assets that are separate from her husband’s ones.

As Stanton said, accusers haven’t filed papers to seize Bernard Madoff’s property. They and Bernard Madoff wanted to get the court’s permission to modify an existing freeze order that he may surrender assets he owns, before filling papers. According to a filing by the trustee of Bernard L. Madoff investment Securities LLC, the money manager has agreed to give up his securities firm, real estate, and artwork and tickets owned by his firm.