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 ...

Victims of Bernie Madoff Ponzi scheme collect final payments - Victims of the largest known Ponzi scheme have had approximately 94 percent of their losses recovered ...

The rest of the victims fund came from a "civil forfeiture action against investor Carl Shapiro and his family and from civil and criminal forfeiture actions against Bernard L. Madoff, Peter B. Madoff ...

The funds were forfeited by the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme. Noting that most of the victims were small investors who ...

Justice Department officials said the victim fund has paid over $4.3 billion from forfeited funds to people in 127 countries for losses they suffered from the collapse of Bernard L. Madoff ...

The 10th and final round will represent more than $131 million to be paid out to more than 23,000 victims of the Bernard L. Madoff fraud scheme in funds released by the federal government ...

Bernard Madoff, founder of Bernard L. Madoff Investment Securities LLC, leaves federal court in New York, March 10, 2009. Jin Lee/Bloomberg via Getty Images “This office has never stopped ...

Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg, actors Kevin Bacon and Kyra Sedgwick, and New York Mets owner Fred Wilpon ...

Key SEC official in Madoff inquiry resigns A senior U.S. Securities and Exchange Commission official who oversaw key investigations of Bernard L. Madoff's activities is resigning, the agency said.

An additional $14.72 billion, opens new tab has been recouped for customers of the former Bernard L. Madoff Investment Securities LLC by Irving Picard, the trustee liquidating that firm following ...