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      • For starters, close to $3.2 billion is back in the hands of those he stole from. According to the U.S. Department of Justice, the Madoff Victim Fund made its sixth distribution of funds in December. That money had been forfeited to the federal government, and now close to 37,000 people have their bucks back.
      www.fastcompany.com › 90625495 › you-cant-take-it-with-you-so-what-happened-to-bernie-madoffs-money
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  2. Apr 14, 2021 · 04-14-2021 NEWS. You CAN’T take it with you, so what happened to Bernie Madoffs money? The man behind the largest Ponzi scheme in history died today. Did his victims ever get repaid?...

  3. Dec 9, 2022 · The trustee for the liquidation of Bernie Madoffs defunct and fraudulent investment firm announced on Friday a new distribution of recovered funds to swindled customers. This is the 14th distribution to victims of Madoffs Ponzi scheme and brings the total amount restored to more than $14 billion.

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  4. Apr 14, 2021 · Bernie Madoff, a Wall Street financier disgraced after he admitted to one of the biggest frauds in US financial history, has died in prison at age 82. His death was announced by the Bureau of...

  5. Oct 27, 2015 · William S. Beinecke Professor of Accounting. October 27, 2015. By Conrad de Aenlle. Bernard Madoff was so successful at separating people from their money—investors lost about $18 billion of the $65 billion they entrusted to him—in part because the story he told them, at first blush, didn’t seem too good to be true.

  6. Sep 28, 2022 · The Department of Justice announced today that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme.

  7. Apr 14, 2021 · At least two people, in despair over their losses, died by suicide. A major Madoff investor suffered a fatal heart attack after months of contentious litigation over his role in the scheme. Some...

  8. Nov 9, 2017 · On June 29, 2009, U.S. District Judge Denny Chin sentenced Madoff to 150 years in prison for running the largest fraudulent scheme in history. Judge Chin ordered Madoff to forfeit $170.799 billion as part of Madoff’s sentence.

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