The Justice Department announced Monday that the Madoff Victim Fund (MVF) began its ninth distribution of over $158.9 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme.
The Justice Department says its Madoff Victim Fund has "exceeded expectations" and is paying out $158.9 million to almost 25,000 scammed investors in its latest distribution.
Bernie Madoff victims get $159 million from Ponzi recovery fund in latest payout nbcnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnews.com Daily Mail and Mail on Sunday newspapers.
US Justice Department Announces Distribution Of Over $158 9M To Nearly 25,000 Victims Of Madoff Ponzi Scheme mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.