When convicted ponzie schemer Bernie Madoff went to jail, he lost his shirt, a lot of other people’s money… and, it turns out, his pants. John Vaccaro, founder of FrederickJames.com, saw the value of the discarded duds and snagged the pants, as well as some other items previously donned by Madoff, at auction. A selection of the famous threads were then upcycled into (somewhat mundane looking) iPad covers – as seen above.

Alas, the Madoff limited edition pants covers were snatched up rather quickly, but you can sign up on the Waiting List for more Madoff covers to come @ frederickjames.com. Several other rescued collections (Lodge, just above) are currently available for $60/each.