Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff. The amount missing from client accounts, including fabricated gains, was almost $65 billion. The court-appointed trustee estimated actual losses to investors of $18 billion and some of that money has now been returned.
The 162-page list of clients (without investment amount), filed in U.S. Bankruptcy Court in Manhattan, was made public on February 4, 2009. Some of the clients profited. Thousands of individual investors of Fairfield Greenwich, Ascot Partners, and Chais Investments are not included.
Several newspapers and news services, including Bloomberg News, The New York Times, and The Wall Street Journal compiled lists of these investors during the first few months of the scandal, including fabricated gains in the amounts lost. These lists may include double-counting; for example, they may count investments by feeder funds into Madoff Securities, as well as investments made into the feeder funds.