Another $158 million has been doled out to victims of Bernie Madoff, the feds announced Monday — bringing the total payout to a whopping $4.22 billion.

Five of Madoff’s associates were dubbed “The Madoff Five,” and they were all found guilty of conspiracy in March 2014. They all pled innocent, claiming they knew nothing about Madoff’s fraud.

Madoff pleaded guilty to 11 federal charges, including securities fraud, wire fraud, money laundering, and perjury. On June 29, 2009, he was sentenced to 150 years in prison, the maximum penalty ...

Madoff was arrested in December 2008 after the financier was accused of stealing $19 billion from over 40,000 investors, that included the likes of the New York Mets, Larry King, Kevin Bacon ...

A new Netflix docuseries, "Madoff: The Monster of Wall Street," reveals that Ponzi schemer Bernie Madoff had been managing mob money and went to jail — instead of cutting a deal with the federal ...

The Madoff Victim Fund has started distributing more than $131.4 million in its 10th and final round of payments, bringing the total amount of compensation — shared among almost 41,000 ...

Last Madoff victim fund payout brings recovery to nearly 94% of Ponzi scheme losses, DOJ says By Dan Mangan,CNBC • Published December 30, 2024 • Updated on December 30, 2024 at 8:37 pm ...

Feb. 28, 2011 -- Bernie Madoff, the Wall Street trader convicted of scamming thousands of investors out of billions, said he was a "basket case" in prison after he learned of his son's suicide.