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 ArticlesExile With a Cause: Frank Calzón’s Lifelong Stand Against CommunismJul 09, 2025Global Communism Is at Its Most Vulnerable, Says Society That Predicted Its RiseJul 01, 2025How Nutramax Became an Industry Trailblazer by Placing God FirstJul 01, 2025Humanitarian Jason Jones Stands in Solidarity With the VulnerableJun 27, 2025Related TopicsPonzi scheme