sfinboston saidhe whole family was in on it as well as others.
I really think each and over one of them should loss everything. I mean everything. No money, homes, clothes, bank accounts, rings etc etc etc. They should be left w/ only one set of clothes and shoes and a map of how to find shelter and food banks. Also should be banned from holding any job involved w/ money.
Madoff's wife is trying to salvage what she can. We'll see in the months ahead how much she and other family members manage to preserve. I suspect it will be considerable, since Madoff started hiding assets quite a while ago. It will be tucked away in numerous foreign holdings, that will take years for the US to uncover.
Madoff's family will never be hurting, as the mega-rich never are. Others will be destitute, but Madoff's family will thrive. No doubt on less than what they had, but lavish by ordinary standards nonetheless. Super-rich people rarely suffer.