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The trustee for the liquidation of Bernard L. Madoff Investment Securities is distributing about $2.5 billion to help settle claims from Ponzi scheme victims, bringing the amount paid out to $3.625 billion.
Securities Investor Protection Act Trustee Irving H. Picard on Thursday said checks for $2.479 billion, the second distribution of recovered funds, were mailed on Wednesday to 1,230 accounts, which received about 33.5 percent of...