Madoff Victim Fund Makes Final Distribution, With 94% of Fraud Losses Recovered
The Justice Department said Monday (Dec. 30) that it recovered nearly 94% of fraud losses for victims of the Ponzi scheme for which Bernard L. Madoff pleaded guilty in 2009. The agency said this in a Monday press release announcing the Madoff Victim Fund’s 10th and final distribution to victims. The distribution of $131 million […]
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