Tag:

Investment Fraud

$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says $4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says More than $4.3 billion has now been recovered for victims of Bernie Madoff’s massive and infamous Ponzi scheme, the Justice Department announced, as part of a decade-long effort that has compensated over 40,000 people worldwide for nearly 94 percent of their losses. The DOJ says  its 10th and final distribution from the Madoff Victim Fund (MVF), provided more than $131 million to over 23,000 victims. The latest distribution marks the culmination of a decade-long effort to recover and return forfeited funds tied to Madoff's fraudulent investment empire. Most victims, primarily small inv…
Murder Suspect Busted In Mexico Back In MD After 12 Years On The Run: State's Attorney Murder Suspect Busted In Mexico Back In MD After 12 Years On The Run: State's Attorney
Murder Suspect Busted In Mexico Back In MD After 12 Years On The Run: State's Attorney After 12 years on the run, a man wanted in connection to the 2010 murder of a professor in Maryland is set to face a judge following his arrest in Mexico. Jorge Rueda Landeros, 53, has been extradited back to Montgomery County to face charges for the 2010 killing of Sue Marcum in Bethesda, the state’s attorney’s office announced on Wednesday, July 26. On Oct. 25, 2010, officers found Marcum dead inside her basement in the 6200 block of Massachusetts Avenue, prosecutors say, noting that her death was immediately deemed to be suspicious by detectives. According to investigators, a rear wind…