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Report: Madoff Victims To Receive $405 Million

FAIRFIELD COUNTY, Conn. – Victims of Bernie Madoff’s Ponzi scheme are slated to receive $405 million over the next three years, according to an Associated Press report citing New York Atty. Gen. Eric Schneiderman.

The report states that “many eligible investors will be entitled to get more than 40 percent of their cash losses.”

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