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Nazi Victims Recover $100,000,000 in U.S. Zone of Germany; 85,000 Claims Still Pending

August 15, 1950
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Settlement of restitution claims filed by persons prosecuted by the Nazis now totals 418,696,927 Deutsche marks, (about $100,000,000) in property and money, officials of the U.S. zone of Germany revealed here yesterday. About 85,000 claims still remain unsettled, they reported.

Admitting that the Nazi victims, mostly Jews, would only collect a fraction of the property confiscated by the Germans during the Hitler regime, the officials said that the value of settlements still pending is impossible to estimate.

Of the total thus far collected, the Jewish Restitution Successor Organization — which recovers property left by heirless Jewish victims and distributes the money among Jewish welfare organizations — received $880,000. Claimants in the U.S. were awarded $4,443,500, in Germany $1,850,000, while those in Israel received $368,000.

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