Justice Department Completes $4.3 Billion Repayment to Madoff Ponzi Scheme Victims

Feds: Fund to compensate Madoff victims making final $131.4M payment

The final payments are to be sent to more than 23,000 victims of Madoff worldwide, according to the United States Department of Justice.

Madoff Victims Have Almost 94% of Their Money Back

The Madoff Victim Fund has begun its final round of payments to people scammed in Bernie Madoff's Ponzi scheme. According to a Justice Department news release , $131.4 million forfeited by the US government in connection with the scam will be sent to around 23,000 victims worldwide. With the...

Bernie Madoff's victims have now recovered 94% of their losses

The Madoff Victim Fund has started distributing more than $131.4 million in its 10th and final round of payments.

Madoff Victim Fund Completes Final Payout, Recoups $4.3 Billion for Swindled Investors

The U.S. government fund established to compensate victims of Bernard Madoff’s infamous Ponzi scheme announced its tenth and final distribution on Monday, marking the end of a long effort to recover funds for those defrauded. The Madoff Victim Fund, overseen by former U.S. Securities and Exchange Commission chairman Richard Breeden, will disburse a final $131.4 million to 23,408 claimants. This brings total payouts to $4.3 billion across 40,930 …

With Final Payout Madoff’s Victims Recouped $19 Billion

The trustee for Madoff's liquidation assets filed at the end of 2015 an NIS 367 million ($100 million) lawsuit against several academic and healthcare regulators in Israel.