DOJ distributes another $695 million to Madoff fraud victims

Mario Tama/Getty Images(NEW YORK) — The Department of Justice distributed an additional $695 million to investors who lost money in the largest known Ponzi scheme in U.S. history, orchestrated by Bernard Madoff, the agency announced Thursday. This is the third installment, bringing the total amount distributed to almost $2 billion, according to the Justice Department. …

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