Hedge Fund News From HedgeCo.Net

Madoff settlement could net hefty profit for hedge funds and investors

Hedge Funds Review – Legal settlements with the Madoff trustee and ‘feeder fund’ managers that are close to being finalised mean a group of defrauded investors stands to recover more than they lost in the Ponzi scheme.

Four years after Bernard Madoff was arrested for orchestrating a huge Ponzi scheme, a group of investors is close to finalising legal settlements that could allow them to recover more than they lost in the fraud.

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