Madoff customers' recovery tops 75 percent with Merkin settlement

Discussion in 'Market News' started by sniper-academy, Jun 14, 2018 at 3:14 AM.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday announced a US$280 million settlement with one of the swindler's earliest investors, enabling customers to recoup more than 75 percent of the principal they lost.

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