Final round of payments begin for Bernie Madoff’s Ponzi scheme victims

Former financier Bernard Madoff (C) leaves federal court following a hearing in New York, N.Y., in 2009. On Monday, the Justice Department reported that the fund designed to aid victims of the investment scam perpetrated by Madoff started its final round of payment reimbursements. File Photo by Peter Foley/EPA-EFE
Dec. 30 (UPI) — The fund designed to aid victims of the investment scam perpetrated by Bernie Madoff started its final round of payment reimbursements, the U.S. Justice Department announced. The 10th and final round will represent more than $131 million to be paid out to more than 23,000 victims of the Bernard L. Madoff fraud scheme in funds released by the federal government, according to a release. Advertisement