DOJ distributes yet every other $695 million to Madoff fraud victims

The Department of Justice has distributed an additional $695 million to investors who lost money in the largest known Ponzi scheme in the world to date, orchestrated by Bernard "Bernie" Madoff, the agency announced Thursday. This third installment, just before the 10th anniversary of Madoff's arrest, brings the total amount distributed to almost $2 billion,…

Continue Reading
Close Menu