Ponzi scheme : US Justice Department pays $488M to victims of Bernie Madoff’s scam

150 ViewsVictims of renowned swindler Bernie Madoff are to receive their share of another $488 million in recovered funds. The Department of Justice said the cash will go to almost 37,000 victims around the world according to the U.S. Attorney’s Office in the Southern District of New York. It is the sixth Madoff Victim Fund […]