That same year, the Department of Justice announced that the Madoff Victim Fund (MVF) began its eighth distribution of approximately $372 million in funds forfeited to the U.S. government.

To put money in his own pockets and defraud thousands of people, Madoff would persuade victims to give their ... Despite losing nearly $70 million in assets, Ruth was able to stay afloat and ...

The term “Ponzi scheme” was all over the news in the early 2000s—on morning talk shows and printed in all the papers—and the term has resurfaced again nearly 15 years later. This is thanks ...

He had no values," said former investor Tom Fitzmaurice at Madoff's sentencing, per AP News. "He cheated his victims out of their ... over when he only had $300 million left of investor money ...

The four-part documentary, directed by Joe Berlinger, features interviews with whistleblowers, former employees, investigators and victims of Madoff's actions. Madoff's Ponzi scheme saw him ...

When it comes to how much money Bernie Madoff took from his victims, a lot of numbers have ... For example, Norman Levy had to pay back $220 million, Stanley Chais had to pay back $277 million ...

With the $18.5 million price tag, Benenson was hoping just to break even on the sale if he was able to score a buyer. This marks the third time since the late Madoff’s arrest on Dec. 11 ...

From the series’ official synopsis: “With unique access to whistleblowers, employees, investigators, and victims, and never-before-seen video depositions of Madoff himself, this four-part ...