Reported by Office of Public Affairs – U.S. Department of Justice Distribution of Over $131M Brings Madoff Victim Recovery to Nearly 94% of Fraud Losses The Justice Department announced today that the Madoff Victim Fund (MVF) began its 10th and final distribution of over $131.4 million to victims of the Bernard L. Madoff fraud scheme. […]

Reported by Mattathias Schwartz Millions of corporate entities will not have to share information about their owners with the Treasury Department after an appeals court reversed a decision that would have required them to do so by Jan. 1. Under the Corporate Transparency Act, an anti-money-laundering law that passed in 2020, companies would have had […]