Madoff Victims Get $410 Million SettlementHedge fund manager J. Ezra Merkin, who lost about $1.2 billion of his clients’ money to Bernard Madoff’s investment scam, has agreed to pay his clients $405 million in compensation.SavePrintCatherine Yang6/25/2012|Updated: 10/1/2015Share this articleLeave a commentCatherine YangAuthorCatherine Yang is a reporter for The Epoch Times based in New York. Author’s Selected ArticlesTrump Says China’s Xi ‘Extremely Hard’ to Strike Deal WithJun 04, 2025Rubio Condemns CCP’s Tiananmen Square Massacre, Marking 36th AnniversaryJun 03, 2025US Charges 2 Chinese Nationals With Smuggling Crop-Killing Fungus, Visa FraudJun 03, 2025Chinese Student Charged With Illegally Voting in 2024 ElectionJun 03, 2025Related TopicsPonzi scheme