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Bernard Madoff's clothes turned into $500 iPad covers

Bernie Madoff appears in this undated file photo.

August 11, 2011 12:00:00 AM PDT
There is a new line of iPad cases made out clothes that once belonged to Bernard Madoff, the notorious Ponzi scheme operator.

The new cases retail for $500 each.

Maker Frederick James says he bought Madoff's clothes at an auction and his iPad covers are generating a lot of business.