New York Post
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Bernie Madoff victims get final payout
Posted
December 30, 2024
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3,792
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December 30, 2024
3,792
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0:44Now PlayingVictims 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.
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.
The Department of Justice set up the fund over a decade ago to repay people swindled by Madoff — who died behind bars in 2021 while serving out a 150-year sentence.
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