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

Trump, Diddy, Kohberger: Court cases to watch in 2025 An additional $14.72 billion has been recouped for customers of the former Bernard L. Madoff Investment Securities LLC by Irving Picard ...

The funds were made available through the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme court decision. Madoff defrauded thousands of ...

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.

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 ...

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 disgraced financier was turned over to federal authorities by his sons, who were also employed with Bernard L. Madoff Investment Securities LLC (BLMIS). Madoff pled guilty in 2009 to 11 ...

PHOTO: 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 ...

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 ...