Worth

Newly filed court documents show Bernard L. Madoff and his wife had a net worth of more than $823 million at the end of last year. The document, contained in papers his lawyers filed, shows the Madoffs owned four real estate properties worth $22 million and had $17 million in cash and a $7-million yacht, among other assets.

An 18-year-old Oxnard man was arrested after narcotics officers culminated a two-week investigation with the seizure of an estimated $10,000 worth of cocaine. Levert Winslow Young was arrested Friday on suspicion of possessing cocaine for sale following the investigation by Oxnard, Port Hueneme and Ventura police departments, said Oxnard Sgt. Mike Matlock. Detectives served search warrants Friday at 3654 Via Marina in Oxnard and 545 Sunkist St.

WASHINGTON -- Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household net worth remains about 19 percent below its peak in the third quarter of 2007, before the recession began. The Federal Reserve said net worth grew by $2 trillion to $53.1 trillion in the April-to-June quarter. Net worth, or the value of assets such as homes, checking accounts and investments minus debts like mortgages and credit cards, rose nearly 4 percent from the first quarter, the Fed said.

Los Angeles Police Department detectives and federal authorities have broken up a San Fernando Valley burglary ring behind a string of high-end break-ins that netted several million dollars worth of electronics, jewelry and luxury items. The burglars targeted luxury homes in and around the Valley that were tented for pest eradication and those having estate sales, using Craigslist to find locations, authorities said. "In one house alone they stole more than $750,000 of items," said Lt. Alan Hamilton.

Coin experts say that some 1989 quarters could be worth hundreds of dollars each because the U.S. Mint unwittingly struck an unknown number of them without a mint mark. Readers of the Numismatic News, a weekly based in Iola, Wis., sent in two 1989 quarters missing the mint mark, the New York Times reported. A spokesman for Stack's, a New York coin dealer, said that such coins could be worth between $250 and $1,000 each, based on the value of other coins with similar errors.