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International Bernie Madoff Victims Have Now Received Over $4 Billion

DOJ announced Madoff Victim Fund began eighth distribution of approx $372 million in funds forfeited to U.S. government related to Bernard L. Madoff Investment Securities LLC fraud scheme. Payments will be sent to 27,219 victims globally, bringing total recovery to 88.35%. ....

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US Justice Department Announces Total Distribution Of Over $4 Billion To Victims Of Madoff Ponzi Scheme

<p><span>The Department of Justice announced today that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme. </span></p> ....

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Madoff victims get additional $568M as Ponzi settlement continues

Madoff victims get additional $568M as Ponzi settlement continues
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US Justice Department Announces Additional Distribution Of More than $568 Million To Victims Of Madoff Ponzi Scheme

US Justice Department Announces Additional Distribution Of More than $568 Million To Victims Of Madoff Ponzi Scheme
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Ponzi Scheme Mastermind Bernard L Madoff, Sentenced To 150 Years, Dies In US Prison

For years, Bernie Madoff was regarded as an investment sage.
Bernard L. Madoff, who died April 14 at 82, was the mastermind of perhaps the largest Ponzi scheme in history, a reviled symbol of Wall Street greed and, once, one of the most sought-after stockbrokers in high finance.
For years, Bernie Madoff was regarded as an investment sage. He had clients, homes and boats strewn about exclusive enclaves around the world. Leveraging the clout he had amassed as a legitimate trader, he lured - and eventually fleeced - thousands of investors who entrusted to him their retirement savings, their children s college funds and their financial security. ....

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