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Friday, December 17, 2010

The Two-Way

Madoff Investor Agrees To Hand Over $7.2 Billion

Bernard Madoff walks out of federal court in New York City after a bail hearing Jan. 5, 2009.

December 17, 2010 The fund created to recover money for investors who were defrauded by Bernard Madoff has reached a $7.2 billion settlement with the estate of the fraud's single-largest beneficiary.

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