Tagged: JPMorgan

JPMorgan To Pay Madoff Fraud Victims $1.7 Billion

JPMorgan To Pay Madoff Fraud Victims $1.7 Billion

JPMorgan Chase has agreed to pay $1.7 billion to the victims of Bernard Madoff’s massive Ponzi scheme. Authorities said the banking giant admitted in a settlement unveiled Tuesday that it didn’t have an effective...