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The Independent UK
The Independent UK
World
Ariana Baio

Victims of Bernie Madoff Ponzi scheme collect final payments

It’s been more than 15 years since federal authorities put an end to Bernie Madoff’s massive and destructive Ponzi scheme but the Justice Department is only now distributing final compensation payments to victims.

The DOJ announced Monday that it began distributing its tenth and final payments of forfeited funds to 40,930 victims of Madoff’s scheme, the largest known Ponzi scheme to date.

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