Madoff fund moves closer to payouts after criticism of delays

Jun 16, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – The overseer of a $4 billion U.S. government fund to compensate victims of Bernard Madoff’s Ponzi scheme expects to start distributing money this year, following criticism of the lack of payouts in the nearly four years since the fund’s creation.