The final payments to victims of Bernie Madoff’s Ponzi scheme are underway, according to the Department of Justice (DOJ).
In March 2009, Madoff pleaded guilty to 11 felonies that authorities at the time called the biggest Ponzi scheme in the world.
About 16 years later, the last disbursement (more than $131 million) began earlier this week and will be sent to 23,000 victims. The DOJ noted that this final payment accounts for 94% of the estimated losses from the scam.
“This office has never stopped at pursuing justice for victims of
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