Nearly 94% of the billions of dollars lost in Madoff's notorious Ponzi scheme have been recovered, according to the Justice Department.

The US Department of Justice says victims of the Bernie Madoff fraud have received 93.71% of their fraud losses. Of course, this does not reflect the

More than 40,000 victims lost billions of dollars to Bernie Madoff, whose Ponzi scheme has been called the largest in the world.

A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have paid out $4.3 billion to 40,930 of the late Ponzi schemer's victims.

The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors. Twenty-three thousand victims worldwide are receiving payments,