Monday, April 20, 2020

Justice Department Announces Additional Distribution of More than $378 Million to Victims of Madoff Ponzi Scheme

At the start of National Crime Victims’ Rights Week, the Department of Justice today announced that on April 20, the Madoff Victim Fund (MVF) began its fifth distribution of approximately $378.5 million in funds forfeited to the U.S. Government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme, bringing the total distributed to over $2.7 billion to nearly 38,000 victims worldwide.

from Justice News https://ift.tt/2RQV8iD
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