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Wednesday 24 June 2009 8:00 pm

Madoff victims told to wait

By: admindrupal

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Decisions over compensation for the thousands of investors defrauded by Bernard Madoff will be deferred for three months, the US judge who will sentence the confessed swindler on June 29 ruled yesterday. US prosecutors argued they needed more time to calculate the amount of money lost and the number of those swindled in Madoff’s alleged ponzi scheme.

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