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  2. Recovery of funds from the Madoff investment scandal

    en.wikipedia.org/wiki/Recovery_of_funds_from_the...

    The bank agreed to forfeit $1.7 billion—the largest forfeiture ever imposed in American financial history. The government will use this money to help make Madoff's victims whole. JPMorgan also agreed to pay a $350 million fine to the Office of the Comptroller of the Currency. [124] [125] [126] [127]

  3. Bernie Madoff’s victims have now recovered 94% of their losses

    www.aol.com/bernie-madoff-victims-now-recovered...

    The Madoff Victim Fund has started distributing more than $131.4 million in its 10th and final round of pay ments, bringing the total amount of compensation — shared among almost 41,000 victims ...

  4. Bernie Madoff Victims To Receive Final Restitution Payments ...

    www.aol.com/bernie-madoff-victims-receive-final...

    Bernie Madoff Victims To Receive Final Restitution Payments, DOJ Says. Nina Golgowski. December 30, 2024 at 5:29 PM. ... More than half of the recovery money, or $2.2 billion, was collected from ...

  5. Bernie Madoff's victims to receive final payout totaling $131 ...

    www.aol.com/fund-bernie-madoff-victims-begins...

    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.

  6. List of investors in Bernard L. Madoff Investment Securities

    en.wikipedia.org/wiki/List_of_investors_in...

    The court-appointed trustee Irving Picard estimated actual losses to investors at $18 billion, and much of that money has been returned. [ 2 ] The 162-page list of clients (without investment amount), filed in United States bankruptcy court in Manhattan , was made public on February 4, 2009.

  7. Madoff investment scandal - Wikipedia

    en.wikipedia.org/wiki/Madoff_investment_scandal

    The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.

  8. Victims of Bernie Madoff Ponzi scheme collect final payments

    www.aol.com/victims-bernie-madoff-ponzi-scheme...

    Much of the compensation comes from the $2.2 billion civil forfeiture recovery from Jeffry Picower, an investor and the largest beneficiary of the Madoff scheme. Picower died in 2009.

  9. Bernard Madoff's victims collect $4.3 billion as US ...

    www.aol.com/news/bernard-madoffs-victims-collect...

    A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 billion to 40,930 of the late Ponzi ...