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Madoff trustee reaches $687m settlement with Irish feeder fund

By Jessica McKay

07 September 2017

Madoff trustee reaches $687m settlement with Irish feeder fund

Dublin, Ireland iStock.com/David Soanes

The trustee tasked with recovering money for investors in Bernard Madoff's infamous Ponzi scheme has struck a deal with Irish fund Thema International that will see US$687 million paid into the estate.