US makes first payment of $772.5 million to victims of Bernie Madoff’s fraud

Thousands of victims of Bernie Madoff’s multi-billion-dollar fraud, who lost their savings and were ruined when the investment scheme collapsed in 2008, have been paid compensation, officials announced Thursday. The Madoff Victim Fund paid out $772.5 million to 24,631 victims around the world in the first payments to those who lost their money with Madoff, theā€¦


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About