NEW YORK (Reuters) - Overseers of two programs to compensate victims of Bernard Madoff's Ponzi scheme have announced $679 million of new payouts, ahead of Friday's 12th anniversary of the now-imprisoned swindler's arrest.
The U.S. Department of Justice said that on Thursday it began paying out approximately $488 million to help individuals, schools, charities, pension plans and other recoup their losses.
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