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There’s a $4 billion pot of cash at the Department of Justice for victims of Bernard L. Madoff’s Ponzi scheme. Thousands of them...
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There’s a $4 billion pot of cash at the Department of Justice for victims of Bernard L. Madoff’s Ponzi scheme. Thousands of them...
Medoff, 77, arrested for $17.5 billion Ponzi scheme. He is serving a 150-year sentence.
Nearly $11 billion out of $17.2 billion have already been returned.
Trustee Irving Picard Still Wants to Recover $2 billion in "fictitious profits" for Madoff victims.
Some of the money not yet collected is held by former Madoff clients who are in legal disputes with the trustee.
– Victims of Bernard Madoff‘s massive Ponzi scheme will get a fresh $322 million payout if a U.S. judge approves the request by the trustee liquidating...
– Victims of Bernard Madoff‘s fraud may recover less money than they had hoped after a federal appeals court limited the ability of...
– The trustee recovering money for Bernard Madoff’s victims on Tuesday announced two agreements to recoup more than $145 million, boosting the total...
A new organization, the JPB Foundation, is run by Barbara Picower, whose late husband Jeffry benefited the most from Bernie Madoff’s schemes, and has...
Barbara Picower has been gradually setting herself back into her role as one of the nation’s top philanthropists, as president of the JPB Foundation....