In December 2008, Bernard Madoff confessed to operating the largest Ponzi scheme in financial history from inside his own Wall Street firm, defrauding thousands of investors across multiple countries of billions of dollars over decades. Despite multiple warnings submitted to regulators, the fraud went undetected for at least 17 years, and the full scope of knowing participation and the movement of all transferred funds has never been fully established. The Madoff Victim Fund, administered by the Department of Justice, continues to accept claims from eligible investors who lost funds in the scheme and can be reached at 1-800-896-7665.

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