The delayed first checks to South Florida investors with court-allowed claims to Bernard Madoff's assets were mailed out Wednesday and should be in mail boxes within the next few days.
The checks were supposed to be sent out Sept. 30 but court-appointed Madoff trustee, Irving Picard. held off for four days to review a court decision that could possibly have affected the money sent to the victims. But Picard's staff reviewed the court decision and decided it didn't affect their formula for sending out the first checks.
Some $312 million is being sent to the owners of 1,230 Madoff accounts, trustee spokeswoman Amanda Remus said.
Among those receiving checks is Fort Lauderdale attorney, Robert Plafsky, whose family invested about $10 million. It's unclear how many other South Florida investors own the 1,230 accounts, Remus said.
Madoff, now 73, is serving a 150-year sentence in federal prison for his multi-billion dollar Ponzi scheme that went on for decades.
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