UPDATE 3-Madoff to appeal bail, net worth revealed
* Appeal seeks to free Madoff from jail on bail
* Three judge panel in appeals court to hear case March 19
* Net worth of Madoff and wife $823 mln to $826 mln (Adds Madoff's asset list, byline)
By Grant McCool and Edith Honan
NEW YORK, March 13 (Reuters) - Lawyers for jailed swindler Bernard Madoff argued for his release pending sentencing and a list of assets put he and his wife's net worth between $823 million and $826 million, according to court papers filed on Friday.
Madoff, 70, was jailed on Thursday after pleading guilty to running the biggest investment fraud in Wall Street history that drew in as much as $65 billion over 20 years.
His sentencing on 11 criminal charges is scheduled for June 16, when he could be imprisoned for the rest of his life.
A three-judge panel in the U.S. Court of Appeals for the Second Circuit in New York will hear oral arguments on March 19 on two motions by Madoff's lawyers.
Court papers filed on Friday revealed the list of assets that Madoff provided on Dec. 31 to the U.S. Securities and Exchange Commission, which brought civil charges against the former Nasdaq stock market chairman.
The net value of Madoff's ownership in his business, Bernard L. Madoff Investment Securities LLC was $700 million, according to the list. It put the net worth of Bernard Madoff and Ruth Madoff at between $823 million and $826 million.
Madoff's lawyer declined comment on the asset list, as did Peter Chavkin, a lawyer for Ruth Madoff.
Most of the assets listed were in Ruth Madoff's name. Properties in Manhattan, Palm Beach, Florida, Antibes and France amounting to $19 million are in her name. The couple jointly owned a $3 million property on New York's Long Island.
In a court filing in early March, their lawyers said $69 million in property and accounts belonged to her and was unrelated to the fraud, including the $7 million apartment where he was held under house arrest until Thursday.
ASSET FREEZE
Madoff's business and personal assets were frozen following his Dec. 11 arrest. A court-appointed trustee winding down the firm said last month he recovered about $946.4 million for former customers.
The asset list confirmed some of the properties and valuables such as jewelry and cars owned by the Madoffs, who have been married for nearly 50 years. The list showed legal fees of $100,000. Continued...



