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 ...

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 ...

1960 – Bernard L. Madoff Investment Securities is founded ... and that he plans to turn himself in to authorities in a week. December 11, 2008 – Madoff is arrested on one count of securities fraud for ...

U.S. Justice Department announced Monday that it was making a final distribution of over $131.4 million from the Madoff Victim Fund.

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 ...

Dec. 30 (UPI) --The fund designed to aid victims of the investment scam perpetrated by Bernie Madoff started its final round of payment reimbursements, the U.S. Justice Department announced.

Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg ...