FIRST CHECKS SENT OUT TO BERNIE MADOFF VICTIMS
source: http://www.nypost.com/seven/03062009/news/regionalnews/first_checks_sent_out_to_madoff_victi...
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A financial organization has sent out the first checks to reimburse victims of the Bernard Madoff scandal.
Stephen Harbeck of the Securities Investor Protection Corp. tells The Associated Press that the checks were sent to two investors on Friday.
The Securities Investor Protection Corp. is an industry-funded organization that steps in when a brokerage firm fails. It has been helping process hundreds of claims by investors hoping to recoup losses.
Stephen Harbeck of the Securities Investor Protection Corp. tells The Associated Press that the checks were sent to two investors on Friday.
The Securities Investor Protection Corp. is an industry-funded organization that steps in when a brokerage firm fails. It has been helping process hundreds of claims by investors hoping to recoup losses.
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