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: 10/1/2015We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentCatherine YangAuthorCatherine Yang is a reporter for The Epoch Times based in New York. Author’s Selected ArticlesChina Is Smuggling Fentanyl to US Through Venezuela, Trump SaysOct 23, 2025Trump to Meet With Chinese Leader Xi Jinping in 1 WeekOct 23, 2025Bessent: US Considering Export Controls on Software to ChinaOct 22, 2025US Delegation Heading to Malaysia for China Trade TalksOct 22, 2025Related TopicsPonzi scheme