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$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…

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by Joe Lombardi
Politics
Trump AG Pick Matt Gaetz Withdraws From Consideration Amid Sexual Misconduct Allegations Trump AG Pick Matt Gaetz Withdraws From Consideration Amid Sexual Misconduct Allegations
Trump AG Pick Matt Gaetz Withdraws From Consideration Amid Sexual Misconduct Allegations Facing stiff opposition in the US Senate, embattled former Florida Congressman Matt Gaetz has withdrawn his name from consideration to be President-elect Donald Trump's attorney general. The 42-year-old Gaetz had been the subject of an investigation by the Justice Department involving allegations of sex trafficking and sex with a minor.  "I had excellent meetings with Senators yesterday," Gaetz posted on social media early Thursday afternoon, Nov. 21. "I appreciate their thoughtful feedback - and the incredible support of so many.  "While the momentum was strong, it is clear that…

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by Joe Lombardi
Schools
Students Targeted With Racial Texts In PA School District Students Targeted With Racial Texts In PA School District
Students Targeted With Racial Texts In PA School District Officials are investigating after several Montgomery County students were the targets of explicitly racist text messages that were also sent to Black and Brown students in several states since Election Day. The incidents occurred in the Lower Merion School District on Thursday, Nov. 7, according to a school district news release. Six students at the middle school level received the message. "The racist nature of these text messages is extremely disturbing, made even more so by the fact that children have been targeted," acting Superintendent Megan Shafer said in the news release. "Whil…

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by Merriell Moyer