Dec 18

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Blog Post: Trustee Ready To Distribute $584M To Madoff Customers

by Anonymous

The liquidation trustee for Bernard Madoff’s failed securities firm told a New York federal bankruptcy court Monday that he’s ready to distribute more than $584 million to investors who fell victim to Madoff’s Ponzi scheme, bringing the total amount that will have been paid out so far to about $11.4 billion.
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