Disgraced financier Bernard Madoff, given a 150 year prison sentence in June for running the biggest fraud in Wall Street history, spends seven hours a day doing light manual labor, the New York Post said.

Wall Street swindler Bernard Madoff was handed a 150-year jail term Monday, the maximum sentence possible for his massive financial fraud.

Federal authorities seized disgraced financier Bernard Madoff's Palm Beach mansion, his vintage yacht and a smaller boat Wednesday, part of an effort to recoup assets to pay back investors he swindled.

Court documents released show that Bernard Madoff and his wife Ruth lived a life of high luxury, with exclusive homes, yachts and other assets worth $823 million.

Wall Street conman Bernard Madoff was led handcuffed to jail Thursday after pleading guilty to tricking thousands of people out of billions of dollars in one of history's biggest financial scams.