Justice Department Distributes $568 Million To Bernie Madoff Ponzi Scheme Victims

New York City NY

17 September, 2021

5:03 PM

Description

CBS New York September 17, 2021 The Justice Department has distributed another $568 million to victims of Bernie Madoff's Ponzi scheme. Federal officials say they have now recovered 81% of the money stolen. Thirty-one thousand people lost money in Madoff's financial fraud, one of the biggest in history. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.