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A Former Bernie Madoff Partner Just Sold His Amagansett Beachfront Home For $11 Million

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It's just steps away from the beach.

The New York Post's Jennifer Gould Keil reports that former Bernie Madoff partner/neighbor Maurice "Sonny" Cohn has sold his Amagansett beachfront home for $11 million. 

The home was listed by Elliman for $12.9 million

Cohn ran a feeder fund called Cohmad Securities (a combination of "Cohn" and "Madoff") that introduced investor capital to Madoff's investment company, according to ProPublica.

Madoff was convicted of running a massive ponzi scheme.  He is serving a 150 year prison sentence in Butner, North Carolina.  

Cohn and his associates settled with the Securities and Exchange Commission back in 2010.  

Now let's tour Cohn's recently sold beach digs.  

The unique oceanfront residence was designed by renowned architect Charles Gwathmey.



The home sits on one acre amid the dunes of Amagansett.



The home features three decks with breathtaking oceanfront views.



See the rest of the story at Business Insider

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