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Home / News / Madoff victims will get another $695 million from US fund

Madoff victims will get another $695 million from US fund

Thousands of victims of Bernard Madoff’s Ponzi scheme are due to get checks totaling $695 million from a U.S. Justice Department fund created through settlements with some of the con man’s oldest customers and his bank, JPMorgan Chase & Co. The payout, to 27,000 victims worldwide, is the third distribution from the $4 billion fund, the ...