Another $372 million on the way to Bernard Madoff’s victims

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Another $372 million on the way to Bernard...
 © CyprusMail 2022
Bernard Madoff’s victims will soon receive another $372 million to help cover their losses, nearly 14 years after the swindler’s capture for running a massive Ponzi scheme, the U.S. Department of Justice said on Wednesday.

The payout from the government’s  Madoff Victim Fund  will go to 27,219 victims, including more than 400 who had yet to recoup a penny from any source.

Following the payout, the fund will have distributed about $4.08 billion in one or more payments to 40,454 individuals, schools,...

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Article automatically added to our system on Wednesday, September 28, 2022

Another $372 million on the way to Bernard Madoff’s victims

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