The Madoff Victim Fund began distributing its 10th and last payment of $131.4 million to more than 23,000 victims worldwide, according to the Manhattan US Attorney’s Office.

Some of Madoff’s victims have also received compensation through Irving Picard, a court-appointed trustee in the Madoff case, who has distributed almost $14 billion to former Madoff customers.

Madoff Victim Fund has paid more than $4 billion to nearly 41,000 victims. By Aaron Katersky and Peter Charalambous. December 30, 2024, 4:16 PM. 7:55.

The payouts are separate from the $4.3 billion awarded by the U.S. government-created Madoff Victim Fund to 40,930 individuals, schools, charities and pension plans. These recipients included ...

Bernie Madoff victims receiving final payout, will recover 94% of their losses The Madoff Victim Fund's total payout will be $4.3 billion shared among nearly 41,000 people, the DOJ says ...

Richard Breeden, the former U.S. Securities and Exchange Commission chairman who oversees the Madoff Victim Fund, opens new tab, said a final $131.4 million payout will go to 23,408 claimants, and ...

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 ...

The more than 40,000 victims spanned across 127 countries. Over the last 16 years, federal authorities, through the Madoff Victim Fund, have been able to seize assets from those connected to the ...

Victims of notorious Ponzi schemer Bernie Madoff are receiving their final payments — bringing the total amount doled out by a compensation fund to over $4.3 billion, the feds announced Monday.