A judge approves a settlement in which the widow of a longtime investor with Bernie Madoff will...

|By:, SA News Editor

A judge approves a settlement in which the widow of a longtime investor with Bernie Madoff will return $7.2B to the victims of the fraud. The settlement by Barbara Picower brings to nearly $10B the amount recovered for people cheated in Madoff's Ponzi scheme, or roughly half the money investors lost.