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Justice Department announces distribution of over $158.9M to nearly 25,000 victims of Madoff Ponzi scheme

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.

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Forbes Daily: Politicians Are Starting To Embrace Generative AI

U.S. House candidate uses AI to call potential voters; consumer prices come in hotter than expected; One of Oracle's worst days ever; More Madoff victim payouts; and more

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Bernie Madoff victims get $159 million from Ponzi recovery fund in latest payout

Bernie Madoff victims get $159 million from Ponzi recovery fund in latest payout
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DOJ announces latest payouts to Bernie Madoff Ponzi scheme victims totaling $158.9M

The Department of Justice announced $158.9 million in payouts for more victims of Wall Street fraudster Bernie Madoff's massive Ponzi scheme.

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DOJ announces latest payouts to Bernie Madoff Ponzi scheme victims totaling nearly $159M

The Justice Department announced on Monday the latest payouts to be distributed to nearly 25,000 victims of Bernie Madoff's infamous Ponzi scheme. This comes…

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Bernie Madoff victims get $159 million from Ponzi recovery fund

The announcement laid bare the impact of Madoff’s nearly $65 billion scam 15 years after his arrest — and more than two years after his death in prison.

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Madoff victims paid another $158M by compensation fund: feds

Another $158 million has been doled out to victims of Bernie Madoff, the feds announced Monday -- bringing the total payout to a whopping $4.22 billion.

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