The payouts are separate from the $4.3 billion awarded by the Madoff Victim Fund to 40,930 individuals, schools, charities ...

Former customers of the late Ponzi schemer Bernard Madoff will recoup US$498.3 million (RM2.1 billion) under a settlement on ...

Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the ...

A $498.3 million settlement with Luxembourg funds will boost the recovery for victims of Bernard Madoff's Ponzi scheme to approximately $15.26 billion. Irving Picard, the trustee, continues efforts to ...

Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), announced a recovery agreement with Luxembourg Investment Fund and Luxembourg Investment Fund U.S.

Pat Fitzgerald was the bureau chief of WSJ Pro Bankruptcy. He managed a team of reporters and editors covering bankruptcy and corporate restructuring for The Wall Street Journal. He also wrote about ...

Following Bernie Madoff's sentence of 150 years in prison, Kelsey Hubbard gets reactions from victims of the fraud and talks with WSJ's Peter Lattman about what went on inside the courtroom.