MALEGA, SPAIN, January 23, 2011 (Press-News.org) It might seem like a drop in a 50 billion USD ocean, but the liquidators of infamous Madoff Securities International are selling the fraudster's superyacht in a bid to recoup a fraction of the victims' lost money. Currently lying in Gibraltar waters, 'Bull' (you've got to hand it to the man) is expected to receive offers over three million euros.
Sentenced to 150 years imprisonment in 2009 for the biggest fraud in business history, Bernie Madoff was at the helm of a 20-year-established Ponzi Scheme that managed to vaporize 50 billion USD-worth of investors' money. Thanks to a bullish attitude and unwavering ability to spout the same, Madoff lived like a king with head-turning Bull just one of his indulgent toys. Now for sale by private treaty, the 27 metre Leopard had a launch value of six million euros in 2007 yet could prove to be a bargain at half the price for today's buyer.
Brian Stevendale, Sales & Marketing Director for Gibraltar's Ocean Village marina, a pitstop for an endless parade of megayachts, had this to say, "As a marina, Ocean Village is well-used to providing safe berthing for the world's finest yachts. This is largely due to Gibraltar's strategic geographic location and incredibly advantageous tax position that, amongst other benefits, slashes around 40% off refueling costs in comparison to neighbouring Spain - a real boon when considering transatlantic fuel tank capacities. The fact that Gibraltar is now hosting Bull comes as little surprise, although we'd rather not all our visitors had such a colourful history."
Exquisitely crafted to Madoff's unique tastes, Bull has been lightly used to the tune of just 320 hours and is ready for use thanks to full out-of-water maintenance in August of last year. The Ponzi principal was fastidious to the last, a clean freak who repeatedly ordered new carpets and prohibited food onboard at all times. As a result she is in immaculate condition and the galley equipment remains as unused as the day it was fitted.
With a cruising speed of 33 knots and an impressive maximum of 42 knots courtesy of twin MTU M92 engines coupled to Arneson surface drives, Bull has six cabins - owners' stateroom, VIP and guest (all en-suite) alongside three crew cabins - and has been under the stewardship of the same Captain since order date.
To arrange an appointment to view Bull in Gibraltar or to enquire about premier berthing facilities at the award-winning Ocean Village marina with its casino, fine dining and luxurious residential towers, contact Brian Stevendale directly on brian.stevendale@oceanvillage.gi, telephone 00 350 200 40048 or visit http://www.oceanvillage.gi.
Ocean Village Wins in the 2010 European Residential Property Awards in association with Bloomberg Television:
• Best High Rise Development EUROPE
• Best High Rise Development Gibraltar - Five Star
• Best Marina Development Gibraltar - Highly Commended
Gibraltar 'Bull' Sale in Bid to Recoup Madoff Monies
The liquidators of infamous Madoff Securities International are selling the fraudster's superyacht in a bid to recoup a fraction of the victims' lost money. Currently lying in Gibraltar waters, 'Bull' is expected to receive offers over 3mn euros.
2011-01-23
ELSE PRESS RELEASES FROM THIS DATE:
Amadeus Consulting Nominated for 2011 Sustainability Champion Awards
2011-01-23
Amadeus Consulting, a custom software development company, is nominated for the 4th Annual 2011 Sustainability Champion Awards sponsored by The Colorado Department of Public Health and Environment and the Colorado Environmental Partnership in conjunction with CORE and Colorado Biz Magazine. The Sustainability Champion Award recognizes teams who have gone above and beyond required duties in the creation and implementation of a program or initiative that has made a measurable contribution to the environment, the economy and society. The award is being given in three categories ...
Cranston RI Chiropractor Stephen M. Estner Offers Solaris 705 Treatments
2011-01-23
Dr. Stephen M. Estner is currently using the Solaris Light Therapy treatment system for the benefit of his chiropractic patients in Rhode Island. The Solaris 700 Series Light Therapy devices are the only available ultrasound devices that currently offer 3 frequency ultrasound. This feature allows for the best possible flexibility in treatment options.
Solaris features include the ability to target the precise area of a patient's pain through the use of a target sweep light pad, choice of ultrasound, Stim waveforms, or light therapy, durable and portable, patented light ...
Creative Flavor Launches Rays Website Using Kentico CMS
2011-01-23
Creative Flavor proudly announces the launch of a redesigned web site for Rays of Littleton, Colorado. The web site was developed using the .NET-based Kentico CMS and coincides with recent rebranding efforts resulting from the company's wider offering of teleradiology services. The web site was a collaborative effort, with Anabliss of Denver, Colorado providing custom interface design.
ABOUT CREATIVE FLAVOR: Since 2001, Creative Flavor has provided expert web strategy, custom design solutions and advanced interactive applications development to solve many problems that ...
Bella Bag Presents Authentic Pre-Owned Designer Handbags
2011-01-23
Bag presents authentic pre-owned designer handbags as an alternative to bootleg replicas. Fashionistas on a budget can find legitimate Louis Vuitton handbags for less at Bella Bag.
Authenticity is top priority for the in-house experts at Bella Bag. Each Louis Vuitton consignment bag is reviewed and analyzed by a step-by-step process called the "13 Point Authenticity Inspection."
From commonly known to obscure, all pertinent authenticity elements are reviewed. Consumers feel reassured of buying authentic Louis Vuitton handbags. The Bella Bag website boasts, "We always ...
Twin Trinity Media Announces Winners of Accentuate Writers Short Story Contest Hope Theme
2011-01-23
Twin Trinity Media, part of the Accentuate Family of Author Services, announces the winners of the Accentuate Writers Short Story Contest with the theme Hope. Writers competed to obtain a coveted place in the Expressions of Grace anthology, including a royalty contract, cash and merchandise prizes.
The short story winners were Family Ties, by Elizabeth Grace; After Dawn, by Derek Odom; and Until Morning Comes, by Cathy Urbanski.
Four poems also earned places in the Expressions of Grace anthology. These were
Too Jealous, Across the Fence, It Raises Its Ugly Head, ...
Win 2 tickets to see Lady Gaga at Nassau Coliseum, along with a private picture with her to benefit the Lupus Alliance of America LIQ.
2011-01-23
Thanks to the generous help of Lupus Alliance of America LIQ board member, Frank DeLape of the Long Island based, Red, White and Blues band, Lady Gaga has donated 2 tickets to her upcoming concert at the Nassau Coliseum on April 23rd, 2011, and a private picture taken with herself and the winner to be raffled off by the Lupus Alliance of LIQ.
Tickets are on sale now until April 13th, and are $10.00 each or 3 for $25.00. There is no limit to how many tickets can be purchased. Tickets can be purchased online at http://www.lupusliqueens.org/gagaraffle, or you can call ...
New Tool Belt for Moms Makes Handling Kids and Life Easier
2011-01-23
A mother of two, Shannon Wysyznski became frustrated never having everything she needed at her fingertips day in and day. This fashion merchandising graduate got creative and took matters into her own hands creating the first prototype. Like most mothers, there didn't seem to be enough time to tend to the children and her new project, and all of the prototypes found a home on the shelf. Soon after her sister, a nanny for four-month old twins, a two and six-year old, called in panic desperation to have the "tool belt thingy" she'd made. So, Wysyznski pulled out the prototypes ...
Speaker John Boehner to Speak at Ashbrook Center's Memorial Dinner at Ashland University
2011-01-23
The Honorable John A. Boehner, speaker of the United States House of Representatives, will speak at Ashland University on April 8, 2011, as the keynote speaker for the 26th annual John M. Ashbrook Memorial Dinner.
Sponsored by the John M. Ashbrook Center for Public Affairs, the event has hosted many national leaders including Ronald Reagan, George H.W. Bush, Colin Powell and Margaret Thatcher.
The 7 p.m. dinner program will be held in Ashland University's John C. Myers Convocation Center. Tickets for this Ashbrook scholarship fund-raising event are $250 per person ...
Two New ID Card Printers Now Available at ID Wholesaler: Introducing the Datacard SD260 and EDIsecure DCP360+
2011-01-23
In their continuous effort to provide the latest in photo identification, ID Wholesaler has added two new ID card printers to their online store. The new single-sided Datacard SD260 is ideal for low- to mid-volume card printing needs, while the dual-sided EDIsecure DCP360+ suits larger volume printing applications.
Datacard SD260 ID Card Printer
The Datacard SD260 appeals to low to moderate card printing applications, such as K-12 schools, healthcare facilities, and smaller corporations. Boasting fast print speeds, the SD260 can print a full-color single-sided card ...
EducationDynamics Reveals 5 Key Higher Education Trends from the Past Decade
2011-01-23
EducationDynamics, higher education's leading marketing information and technology services company, today released its list of five key higher education trends from the past decade based on what it has observed serving more than 1,200 colleges and universities nationwide, as well as more than 7 million prospective students annually who visit its web portals, including EarnMyDegree.com, EducationConnection.com, eLearners.com, GradSchools.com, StudyAbroad.com and TestDriveCollegeOnline.com. EducationDynamics, which began with eLearners.com in 1999, helps connect prospective ...
LAST 30 PRESS RELEASES:
Outcomes of children admitted to a pediatric observation unit with a psychiatric comanagement model
SCAI announces 2024-25 SCAI-WIN CHIP Fellowship Recipient
SCAI’s 30 in Their 30’s Award recognizes the contributions of early career interventional cardiologists
SCAI Emerging Leaders Mentorship Program welcomes a new class of interventional cardiology leaders
SCAI bestows highest designation ranking to leading interventional cardiologists
SCAI names James B. Hermiller, MD, MSCAI, President for 2024-25
Racial and ethnic disparities in all-cause and cause-specific mortality among US youth
Ready to launch program introduces medical students to interventional cardiology field
Variety in building block softness makes for softer amorphous materials
Tennis greats Chris Evert and Martina Navratilova honored at A Conversation With a Living Legend®
Seismic waves used to track LA’s groundwater recharge after record wet winter
When injecting pure spin into chiral materials, direction matters
New quantum sensing scheme could lead to enhanced high-precision nanoscopic techniques
New MSU research: Are carbon-capture models effective?
One vaccine, many cancers
nTIDE April 2024 Jobs Report: Post-pandemic gains seen in employment for people with disabilities appear to continue
Exploring oncogenic driver molecular alterations in Hispanic/Latin American cancer patients
Hungry, hungry white dwarfs: solving the puzzle of stellar metal pollution
New study reveals how teens thrive online: factors that shape digital success revealed
U of T researchers discover compounds produced by gut bacteria that can treat inflammation
Aligned peptide ‘noodles’ could enable lab-grown biological tissues
Law fails victims of financial abuse from their partner, research warns
Mental health first-aid training may enhance mental health support in prison settings
Tweaking isotopes sheds light on promising approach to engineer semiconductors
How E. coli get the power to cause urinary tract infections
Quantifying U.S. health impacts from gas stoves
Physics confirms that the enemy of your enemy is, indeed, your friend
Stony coral tissue loss disease is shifting the ecological balance of Caribbean reefs
Newly discovered mechanism of T-cell control can interfere with cancer immunotherapies
Wistar scientists discover new immunosuppressive mechanism in brain cancer
[Press-News.org] Gibraltar 'Bull' Sale in Bid to Recoup Madoff MoniesThe liquidators of infamous Madoff Securities International are selling the fraudster's superyacht in a bid to recoup a fraction of the victims' lost money. Currently lying in Gibraltar waters, 'Bull' is expected to receive offers over 3mn euros.