DOJ begins compensating victims of Bernie Madoff Ponzi scheme

The US Department of Justice (DOJ) [official website] announced [press release] Thursday that it has begun distributing compensation to victims of Bernie L. Madoff Investment Securities LLC’s (BLMIS) Ponzi scheme. The first set of distributions involve $722.5 million that will be distributed to 24,631 victims. The distribution is the largest distribution of forfeited funds in […]

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