Ruth Madoff's assets may be frozen by Feds

Ruth Madoff made it clear she wants to keep her assets, but Federal investigators may move to freeze her assets within the next week or so, according to the New York Post. Ruth Madoff, wife of Bernard Madoff, hired her own attorney and may be getting ready to face criminal charges.

Federal investigators fear Ruth Madoff may try to leave the country or stash her $93 million of assets in a place that authorities can't touch. The SEC is working with federal prosecutors in Manhattan to prepare a request to freeze her assets as soon as possible. "The U.S. attorneys will be in court in the next week or so to tell a judge that they believe Mrs. Madoff's assets are derived from ill-gotten gains and that they should be frozen for a certain period of time while the investigation is ongoing," according to a statement by the SEC to the Post.