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DOJ Report

Final Madoff Fund Payout Recovers Nearly 94% of Ponzi Scheme Losses, DOJ Reports

December 31, 2024 by Americans Digest

The Department of Justice announced that the 10th and final payment from a fund set up for the victims of late Ponzi scheme king Bernie Madoff was made on Monday. More than 23,000 victims will receive the last disbursement of $131 million. The DOJ stated that when the fund is finished, it will have distributed more than $4.3 million to over 40,000 victims across nearly 130 … [Read more...] about Final Madoff Fund Payout Recovers Nearly 94% of Ponzi Scheme Losses, DOJ Reports

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