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Bernard Madoff's victims collect $4.3 billion as US government fund completes payouts
A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 billion to 40,930 of the late Ponzi schemer's victims.
Fund for Bernie Madoff victims begins final payout of $131 million
The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors. Twenty-three thousand victims worldwide are receiving payments,
Victims of Bernie Madoff Ponzi scheme collect final payments
It’s been more than 15 years since federal authorities put an end to Bernie Madoff ’s massive and destructive Ponzi scheme but the Justice Department is only now distributing final compensation payments to victims.
Last Madoff victim fund payout brings recovery to nearly 94% of Ponzi scheme losses, DOJ says
More than 40,000 victims lost billions of dollars to Bernie Madoff, whose Ponzi scheme has been called the largest in the world.
2d
on MSN
Attention DOGE: Here’s how the federal government spends Americans’ tax dollars
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy ...
USA Today
1d
Fact-check: Past government shutdowns cost the U.S. economy billions
Statement:
Government
shutdowns in 2013 and 2018 “cost our economy billions of dollars each.” In a video, Jacobs added that ...
7h
Bereaved families of plane crash victims criticize government for handling of disaster
Bereaved family members of the victims of a fatal plane fire on Monday criticised the South Korean government for their ...
9d
Government shutdown highlights: Congress votes to keep government open, sending bill to Biden
Follow live updates and the latest news as government funding is set to expire on Saturday if Congress fails to pass a ...
10d
When is the government expected to shutdown? Here's everything Tennesseans need to know
Other programs that are still funded if a government shutdown occurs include: military veterans' benefits, and medical care, ...
2d
on MSN
Italy’s far-right government wins final approval for its 30-billion-euro budget
Italy’s parliament has approved the government’s 2025 budget, worth a total of 30 billion euros — more than half of that in ...
9d
Government shutdown updates: Biden signs funding bill, averting shutdown
"Tonight the Senate delivers good news for America: there will be no government shutdown right before Christmas," Schumer ...
9d
How a U.S. government shutdown could have impacted your benefits and services
The U.S. government faced the threat of a shutdown if Congress didn't pass a spending bill before Dec. 21, 2024. Here's a ...
17h
Fact Check: UK regulator, not government, approved water bill rises, contrary to claims
An increase to domestic water bills in England and Wales was approved by the independent water regulator Ofwat, not the ...
10d
on MSN
What’s at risk if Congress doesn’t fund the government by Friday night
The federal government could shut down in a matter of hours if Congress does not cobble together a temporary funding plan on ...
6d
History Shows Big Changes in ‘Big Government’ Are Hard to Achieve
Past efforts to shrink the federal bureaucracy, including basic things like selling off unused government buildings, have ...
23m
on MSN
Trump endorses Mike Johnson to stay on as House Speaker after government funding turmoil
President-elect Donald Trump is endorsing House Speaker Mike Johnson as he prepares to fight to keep his role leading ...
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