The Madoff Victim Fund has started distributing more than $131.4 million in its 10th and final round of payments, bringing the total amount of compensation — shared among almost 41,000 ...
The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.
The final distribution from a fund for victims of the fraudster Bernie Madoff began Monday, the Department of Justice said. When the last disbursement is completed, more than $4.3 billion will ...
The Madoff Victim Fund (MVF) is entering the 10th and final installment of its $131.4 million asset distribution. The funds were made available through the U.S. government in connection with the ...
Ponzi schemes are one of the oldest investment frauds, yet as the Bernard Madoff scandal demonstrates, their appeal never wanes. How do they work? What is a Ponzi scheme? The classic Ponzi scheme ...
The payouts being made by the Madoff Victim Fund (MVF) are worth $131.4m (£104.6m) and will bring the total amount it has returned to 40,930 claimants to $4.3bn. Madoff, a Wall Street financier ...
WASHINGTON -- The fund disbursing money to the victims of Bernie Madoff's legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of ...
London (CNN) — A US government fund created to compensate thousands of people scammed by the late Bernie Madoff in history’s biggest Ponzi scheme is making its final batch of payments — and ...