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€¦


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