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 ArticlesTrump Says US TikTok Buyer Lined Up, but Beijing Wants to Retain AlgorithmSep 16, 2025China’s ‘Great Firewall’ Leak Suggests Dissent in the Ranks, Expert SaysSep 15, 2025US, China Resume Trade Talks in MadridSep 14, 2025Lawmakers Flag 100-Plus Cases of US Universities Funding CCP ResearchSep 12, 2025Related TopicsPonzi scheme