Madoff victims receiving $2.5B in payments

Bernard Madoff, who is now in federal prison,

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Bernard Madoff, who is now in federal prison, leaves federal court in Manhattan in 2009 after a bail hearing. Madoff was arrested in late December 2008 on fraud charges linked to a multibillion dollar Ponzi investment scheme. (Jan. 14, 2009) (Credit: Getty Images)

Victims of Bernard Madoff will find good news in their mailboxes in the days ahead, after checks totaling nearly $2.5 billion were posted late Wednesday as part of the recovery of cash in Wall Street's largest Ponzi scheme.

The money represents about 33 percent of the original investment lost by 1,230 customers of Madoff who have been allowed claims to recover money they gave him, said trustee...

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