Wilbur Ross inspected a pair of hands in cuffs sticking out from a wall and clutching a wad of U.S. currency.

The sculpture, "Made Off," was inspired by Bernard Madoff's Ponzi scheme, created by Swiss artist Fredy Hadorn and priced at $11,000. Ross asked the gallery to email him more information.

The U.S. commerce secretary was among thousands who descended on Miami last week for its annual art bacchanal, more than a dozen fairs anchored by Art Basel Miami Beach, the country's largest contemporary art bazaar. Supermodel Naomi Campbell, Oscar winner Leonardo DiCaprio and Blackstone Group LP Vice Chairman Tom Hill browsed the aisles. Steve Wynn held a fund-raiser attended by 80 people on his $215 million yacht Aquarius. U2 lead singer Bono flew in to raise money to fight AIDS.