Madoff Victims Reimbursed
By: Big 2 News Staff
Updated: September 21, 2012
Victims of Bernie Madoff's Ponzi scheme got some good news.
A court-appointed trustee said they will receive another $2.5 billion of their stolen funds.
A trustee says he mailed more than 12,000 checks yesterday to the investors who got burned by the biggest Ponzi scheme in history.
That means now more than a thousand investors have been fully reimbursed, according to the trustee's office.
But more than a thousand are still waiting to receive all of their stolen funds.
Madoff pleaded guilty to fraud and is currently serving a 150 year sentence in prison.
A court-appointed trustee said they will receive another $2.5 billion of their stolen funds.
A trustee says he mailed more than 12,000 checks yesterday to the investors who got burned by the biggest Ponzi scheme in history.
That means now more than a thousand investors have been fully reimbursed, according to the trustee's office.
But more than a thousand are still waiting to receive all of their stolen funds.
Madoff pleaded guilty to fraud and is currently serving a 150 year sentence in prison.
