Madoff victims set to receive $772 million payout

(CNN) – Bernie Madoff’s victims are getting more of their money back.
The U.S. government on Thursday announced that it would begin paying out $772.5 million to more than 24,000 victims of the Ponzi scheme.
 The money comes out of the Madoff Victim Fund, an account the government put together four years ago to help people who were scammed by the notorious fraudster.
All told, federal authorities say they’ll pay out $4 billion from the fund. The money was collected thr