This is the 14th distribution to victims of Madoff’s Ponzi scheme.
The trustee for the liquidation of Bernie Madoff’s defunct and fraudulent investment firm announced on Friday a new distribution of recovered funds to swindled customers.
This is the 14th distribution to victims of Madoff’s Ponzi scheme and brings the total amount restored to more than $14 billion.
The trustee has been pursuing stolen customer funds since Madoff pleaded guilty in 2009 and signaled there would be additional recoveries in 2023.
MORE: Bernie Madoff Daughter-in-Law Breaks Silence
“We are proud to continue our quest to recover additional funds and return them to defrauded claimants,” the trustee, Irving Picard, said in a statement.
When combined with the prior distributions, the fourteenth distribution will equal about 70% of each customer’s allowed claim amount, unless that claim has been fully satisfied. The aggregate amount distributed to eligible customers will total more than $14.36 billion. This recovery far exceeds any prior restitution effort related to Ponzi schemes both in terms of dollars and percentage of stolen funds recovered.
https://techplanet.today/post/watch-free-online-the-seven-faces-of-jane-2023-streaming-at-home
https://new.c.mi.com/my/post/660498/Where_to_Watch_Indiana_Jones_and_the_Dial_of_Desti
https://new.c.mi.com/my/post/657565/WATCH-123Movies_Black_Panther_Wakanda_Forever_Full
https://new.c.mi.com/my/post/659532/Watch_Spirited_2022_streaming_online_Free
https://new.c.mi.com/my/post/658210/where_Watch_Babylon_2022_free_Online_Strea%E2%84%B3ing_At_
https://new.c.mi.com/my/post/658315/Watch-FREE_Avatar_The_Way_of_Water_2022_FuLLMovie_
https://new.c.mi.com/my/post/661746/_Watch_netflix_Troll_2022_Free_Online_Strea%E2%84%B3ing_at
https://techplanet.today/post/watch123ovies-ripd-2-rise-of-the-damned-full-ovie-now-available-online
https://techplanet.today/post/where-to-watch-ripd-2-rise-of-the-damned-2022-online-at-home-here-now
https://triwer.io/american-soccer-writer-grant-wahl-dies-at-world-cup-3.html
https://dailybusinesspost.com/american-soccer-writer-grant-wahl-dies-at-world-cup-3/
https://triwer.io/rioter-who-assaulted-cops-at-capitol-gets-5-years-in-prison.html
https://dailybusinesspost.com/rioter-who-assaulted-cops-at-capitol-gets-5-years-in-prison/