Thursday, September 20, 2012

Madoff victims to receive RM7.6 billion payout

Madoff victims to receive RM7.6 billion payout: RALEIGH, Sept 20 — Victims of Bernard Madoff’s fraud will soon receive US$2.48 billion (RM7.6 billion) to help cover their losses, more than tripling their total recovery to about US$3.63 billion, the trustee liquidating the imprisoned swindler’s firm said. Checks ranging from US$1,784 to US$526.9 million were mailed yesterday to 1,230 former ...


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