Bernard L. Madoff

Bernard L. Madoff

FILE – In this Jan. 14, 2009 file photo, Bernard Madoff arrives at Federal Court in New York. The trustee recovering money lost by investors with imprisoned financier Madoff has reported a new milestone, saying a new distribution will mean allowable claims of $1.1 million or less will have been fully reimbursed. Trustee Irving Picard made the announcement Tuesday, Oct. 20, 2015 as he asked a U.S. Bankruptcy Court judge to approve a $1.18 billion distribution to investors.(AP Photo/Stuart Ramson)

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