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 ArticlesChinese Woman Gets 15 Years for Role in Conspiracy to Import Drugs to USAug 22, 2025As CCP Cybersabotage Escalates, US Changes PostureAug 13, 2025From Poverty to Real Estate, a US Marine’s Journey to Civic Engagement: ‘It’s All About Character’Aug 11, 2025American AI Companies Open Up to Counter ChinaAug 08, 2025Related TopicsPonzi scheme