Politics & Government

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

Thirty-one thousand people lost money in Madoff's financial fraud, one of the biggest in history.

September 17, 2021

The Justice Department has distributed another $568 million to victims of Bernie Madoff‘s Ponzi scheme.

Find out what's happening in New York Cityfor free with the latest updates from Patch.

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.

Find out what's happening in New York Cityfor free with the latest updates from Patch.



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