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 ArticlesUS to Impose China Chip Tariffs in 2027Dec 23, 2025Lawmakers Probe Trump Approval of Nvidia AI Chips Sales to ChinaDec 22, 2025Pulling Back the Curtain on the CCP’s Most Insidious CrimesDec 22, 2025Senators Sound Alarm Over Chinese Drone Use at US Security FacilitiesDec 19, 2025Related TopicsPonzi scheme