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 ...

Fifteen years after Bernie Madoff was sentenced to prison for running the largest known Ponzi scheme in history, a fund created by the U.S. government to compensate his former customers is winding ...

Thousands of victims of Bernard Madoff’s notorious Ponzi scheme are set to receive final restitution payments, raising the percentage of total losses recovered to nearly 94%, the Justice ...

A US government fund created to compensate thousands of people scammed by the late Bernie Madoff in history’s biggest Ponzi scheme is making its final batch of payments — and it has now made ...

Did you know that Bernie Madoff's Ponzi scheme is considered the largest financial fraud in history? And did you know that nearly 41,000 victims from 127 countries have now received their final ...

The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.

The Justice Department said its tenth and final distribution of funds to eligible victims of Bernie Madoff would bring their total recovery to 93.7% of their losses. Why it matters: The fraud was ...