Picard stated that the average payment was slightly more than $2 million, with the smallest check being for $1,784 and the largest for $526 million. He added that after Wednesday’s distribution, which is the second that has gone out, 1,074 accounts are now deemed fully satisfied, and 1,048 accounts are partially satisfied and entitled to participate in future interim distributions. Combined with the $1.146 billion that has already gone out via the trustee ($342.5 million) and SIPC ($803.7 million), a total of approximately $3.625 billion has now been returned to Madoff victims.
‘Enforcement 40’ for 2020
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