News Briefs
  • 1:44

    Full recovery of lost principal in Madoff Ponzi scheme expected

    The trustee charged with recovering the investments for victims of Bernard Madoff’s Ponzi scheme has recovered about 73 percent of the lost principal of $17.5 billion.

    New payouts of $584 million will be made after the start of the new year, Crain’s New York reported.

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