GREENWICH, Conn. (AP) — Officials say the number of victims seeking relief for fraud committed by Madoff Securities is much larger — and with much larger losses — than previously thought.
The U.S. Department of Justice official in charge of administering the Madoff Victim Fund said Tuesday that the fund has received more than 51,700 claims from investors. There were claims from investors in 119 countries with losses of more than $40 billion.
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