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News Briefs

  Iyar 2, 5778 , 17/04/18

Madoff victims to receive $500 million

The Madoff Victim Fund has begun distributing $504 million in funds to victims of Bernard Madoff’s Ponzi scheme, JTA reported on Monday.

The funds, whose distribution began on Thursday, will be sent to over 21,000 Madoff victims around the world, according to a statement by the Justice Department.

Other archived news briefs:Apr 17, 03:16 AM, 4/17/2018