( CNN ) -- The last remaining personal property belonging to Ponzi schemer Bernie Madoff and his wife , Ruth , netted nearly $ 500,000 in an auction in Miami Beach , Florida , the U.S . Marshals Service said Tuesday . Proceeds from the June 4 auction go to the U.S. Department of Justice Assets Forfeiture fund and will be used to compensate `` the many victims of this crime of historical proportions , '' said Neil DeSousa , U.S. marshal for the Southern District of Florida . `` Rest assured that the U.S . Marshals Service 's top priority in this case was restitution toward the victims . '' To date , about $ 24 million in property sales and $ 80 million in cash assets from the Madoffs have been recovered , the Marshals Service said . Art , antiques , furniture and clothing from the Madoff residences in New York and Palm Beach , Florida , were featured in the 275 lots included in the final auction . Madoff , the mastermind of an estimated $ 50 billion Ponzi scheme , pleaded guilty in March 2009 to 11 felony charges , including money laundering , perjury , false filings with the SEC and fraud . He was sentenced to 150 years in prison .
Auction proceeds will go toward compensating victims of Bernie Madoff 's Ponzi scheme . Items from the Madoffs ' residences in New York and Florida were auctioned . Marshals Service : The U.S. Marshals Service is investigating a possible connection between two men who are accused of stealing millions of dollars worth of artwork from an art gallery in Los Angeles.