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 down.
The Madoff Victim Fund is distributing more than $131 million in its 10th and final round of payments, the Department of Justice said in a news release Monday. It will bring the total amount of compensation to $4.3 billion shared among nearly 41,000 people across 127 countries, the DOJ said.
