4 ms·
It’s a bit confusing because this is about the “victims” of Bernie Madoff (mainly feeder funds I guess?), which are separate from the direct creditors of Bernie
by Scoundreller 2y ago
It’s a bit confusing because this is about the “victims” of Bernie Madoff (mainly feeder funds I guess?), which are separate from the direct creditors of Bernie Madoff and his company (which sits at ~15 distributions, and still ongoing, currently totaling $14.7b or ~71% of claims, but the first US$1.5m of any claim has been 100% satisfied).
Not sure if one could double dip or not.
https://www.madofftrustee.com/interim-reports-11.html https://www.madofftrustee.com/interim-reports-11.html