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Judge releases billions in Madoff money

A federal bankruptcy court judge cleared the way for billions of dollars to be distributed to victims of Bernard Madoff, the mastermind behind the biggest Ponzi scheme in history. Judge Burton Lifland in the southern district of New York gave the green light on Wednesday to distribute up to $2.4 billion to burned investors. The victims could receive the money within weeks, according to the trustee’s office. More on CNNMoney here.

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