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More than $4 billion has been paid to thousands of Bernie Madoff victims

Por: New York Daily News Crime September 29, 2022

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Thousands of victims of the late Ponzi schemer Bernie Madoff have received a total of $4 billion in restitution, and they’re still not whole financially, Justice Department officials said Wednesday. The mammoth sum comes as federal officials began distributing $372 million to 40,000 Madoff victims worldwide. Manhattan U.S. Attorney Damian Williams said the payments give those Madoff fleeced back more than 88% of what they lost. Williams called... + full article



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