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Barry Levinson

Vern Buchanan tells Justice Department ‘pay up’ for Bernie Madoff victims

in The Bay and the 'Burg/Top Headlines by

Sarasota Republican Vern Buchanan wants the Department of Justice to begin paying the victims of Bernie Madoff‘s multibillion-dollar Ponzi scheme with some of the recovered funds. In a letter to U.S. Attorney General Jeff Sessions, Buchanan points out that the victims of Madoff’s crime have yet to receive a penny from the $4 billion victim fund created in 2012, four years after federal authorities apprehended Madoff. “It is outrageous that victims languish in hardship while government-sanctioned administrators collect millions in fees,”…

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