BUSINESS
09/05/2009 05:12 am ET Updated May 25, 2011

Madoff Victims Receiving IRS Refunds

The Internal Revenue Service has begun to send refund checks to Madoff investors who paid taxes on money they thought they had made before the massive fraud was revealed.

An early trickle of refunds includes checks for substantial amounts, nearly half a million dollars in some cases.

Read more on wsj.com