{"id":86771,"date":"2023-12-12T00:05:09","date_gmt":"2023-12-12T05:05:09","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86771"},"modified":"2023-12-11T22:40:40","modified_gmt":"2023-12-12T03:40:40","slug":"bernie-madoff-victims-get-159-million-from-ponzi-recovery-fund-in-latest-payout","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2023\/bernie-madoff-victims-get-159-million-from-ponzi-recovery-fund-in-latest-payout.html","title":{"rendered":"Bernie Madoff victims get $159 million from Ponzi recovery fund in latest payout"},"content":{"rendered":"\n<p>(CNBC) The fund for victims of <a href=\"https:\/\/www.cnbc.com\/2021\/04\/14\/bernie-madoff-dies-mastermind-of-the-nations-biggest-investment-fraud-was-82.html\">Bernie Madoff<\/a>\u2019s historic Ponzi scheme has begun its ninth payout, distributing about <strong>$159 million <\/strong>in government-seized funds to nearly 25,000 people worldwide, the Department of Justice <a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/opa\/pr\/justice-department-announces-distribution-over-1589m-nearly-25000-victims-madoff-ponzi\" target=\"_blank\">said<\/a> Monday. The announcement, made 15 years after Madoff\u2019s arrest \u2014 and more than two years after his <a href=\"https:\/\/www.cnbc.com\/2021\/07\/23\/bernie-madoff-earned-710-in-prison-after-ponzi-fraud-conviction.html\">death in prison<\/a> \u2014 underscored the continuing impact of Madoff\u2019s nearly $65 billion securities fraud scam.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/12\/11\/bernie-madoff-victims-get-159-million-from-ponzi-recovery-fund.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The fund for victims of Bernie Madoff\u2019s historic Ponzi scheme has begun its ninth payout, distributing about $159 million in government-seized funds to nearly 25,000 people worldwide, the Department of Justice said Monday. The announcement, made 15 years after [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86771","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86771"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86771\/revisions"}],"predecessor-version":[{"id":86772,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86771\/revisions\/86772"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}