Newsmakers
Madoff Victim Fund Makes Final Payout
The fund will wind down after recovering more than $4.3 billion for victims of Bernie Madoff’s $64 billion fraud.
Tag: Madoff Victim Fund
Madoff Victim Fund to Pay Out $158.9M to Fraud Victims
The ninth distribution brings the total recovery to more than $4.2 billion over the past 10 years.
Investment Firm Pays $2.5M to Settle Allegations It Defrauded Madoff Victim Fund
Austin-based Fulcrum bought recovery rights from Madoff victims, then required them to conceal the proceeds to inflate the payments.
Newsmakers
Fund for Madoff Victims Tops $4 Billion in Distributions
Justice Department says total recovery from Ponzi scheme has now covered more than 88% of losses.
Manager Selection
Madoff Victim Fund Distributes Another $568 Million
The seventh distribution brings the total compensation to victims of the world’s largest Ponzi scheme to more than $3.7 billion.
Newsmakers
Madoff Victims’ Recovery Tops 80% of Losses
Latest distribution of more than $488 million to Bernie Madoff victims hailed as ‘historic result.’