Madoff victim fund extends deadline to April 30

Madoff victim fund extends deadline to April 30

Posted: Updated:
Bernard Madoff (DOJ photo) Bernard Madoff (DOJ photo)

NEW YORK (AP) - The deadline for Bernard Madoff's victims to sign up for a relief fund has been extended.

The previous deadline for petitions to the Madoff Victim Fund was Feb. 28. It is now April 30.

The fund will distribute assets forfeited in the Madoff case. It's separate from a bankruptcy court proceeding that has recovered money to redistribute to burned Madoff clients.

So far, the victim fund has received more than 9,000 claims. Special Master Richard C. Breeden says the majority of them come from investors who are ineligible for the money being assembled in the bankruptcy court proceeding.

He also says many people who may be eligible only recently learned that the fund exists.

Bernie Madoff is serving a 150-year prison sentence for bilking thousands of people of nearly $20 billion.

Online: http://www.madoffvictimfund.com/

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsLocal NewsMore>>

  • Report: health risks at some nail salons

    Report: health risks at some nail salons

    Monday, September 15 2014 10:28 PM EDT2014-09-16 02:28:27 GMT
    One of the most surprising findings in a report from the New York City public advocate is that city officials have virtually no authority over how nail salons are run. The city can't enforce standards like they do with restaurants, so it's clearly a case of beauty buyer beware. We get our nails done without thinking too much about it.
    One of the most surprising findings in a report from the New York City public advocate is that city officials have virtually no authority over how nail salons are run. The city can't enforce standards like they do with restaurants, so it's clearly a case of beauty buyer beware. We get our nails done without thinking too much about it.
  • Car strikes toddler; driver arrested

    Car strikes toddler; driver arrested

    Monday, September 15 2014 10:15 PM EDT2014-09-16 02:15:49 GMT
    Police on Long Island say a 30-year-old driver has been arrested in connection with an accident that injured a 3-year-old girl being pushed in a stroller. Police say Scott Shea of Middle Island was driving a Jeep northbound on William Floyd Parkway, just south of Montauk Highway, when he struck the toddler at about 3:45 p.m. Monday.
    Police on Long Island say a 30-year-old driver has been arrested in connection with an accident that injured a 3-year-old girl being pushed in a stroller. Police say Scott Shea of Middle Island was driving a Jeep northbound on William Floyd Parkway, just south of Montauk Highway, when he struck the toddler at about 3:45 p.m. Monday.
  • Lawsuit settlements reached in Metro-North crash

    Lawsuit settlements reached in Metro-North crash

    Monday, September 15 2014 8:39 PM EDT2014-09-16 00:39:39 GMT
    Four of 28 people who sued the Metro-North Railroad in federal court after being injured in a Bridgeport train crash last year have settled with the commuter railroad.
    Four of 28 people who sued the Metro-North Railroad in federal court after being injured in a train crash in Connecticut last year have settled with the commuter railroad.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices