The payouts being made by the Madoff Victim Fund (MVF) are worth $131.4m (£104.6m) and will bring the total amount it has ...

The final payments arrive just weeks after the 16th anniversary of Madoff’s arrest. The disgraced financier was turned over to federal authorities by his sons, who were also employed with Bernard L.

NEW YORK (Reuters) - 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 ...

16,521 investors have filed claims against Madoff. 1960 – Bernard L. Madoff Investment Securities is founded. December 10, 2008 – Bernard Madoff allegedly confesses to employees of his company ...

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 ...

Former financier Bernard Madoff (C) leaves federal court following a hearing in New York, N.Y., in 2009. On Monday, the Justice Department reported that the fund designed to aid victims of the ...

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 ...

The remaining funds were collected through a civil forfeiture action against investor Carl Shapiro and his family and from civil and criminal forfeiture actions against Bernard L. Madoff ...

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 ...

Fifteen years after Bernie Madoff was sentenced to prison for running the largest known Ponzi scheme in history, a fund created by the U.S. government to compensate his former customers is winding ...

An additional US$14.72bil has been recouped for customers of the former Bernard L. Madoff Investment Securities LLC by Irving Picard, the trustee liquidating that firm following its 2008 bankruptcy.