{"id":10542,"date":"2009-05-08T00:00:00","date_gmt":"2009-05-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"madoff-buddy-ezra-merkin-sued-over-plunder-from-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/madoff-buddy-ezra-merkin-sued-over-plunder-from-ponzi-scheme.html","title":{"rendered":"Madoff buddy, Ezra Merkin, sued over plunder from Ponzi scheme"},"content":{"rendered":"<p>New York Daily News &#8211; Ezra Merkin should have known better, a lawsuit claims.<\/p>\n<p>The Park Avenue hedge fund king funneled investments to Bernie Madoff and received millions in fees Merkin knew were the spoils of a massive Ponzi scheme, a lawsuit filed Thursday claims. <\/p>\n<p>U.S. Bankruptcy Court trustee Irving Picard sued Merkin to recover the $557.8 million Merkin and his Gabriel Capital Corp. have withdrawn from Madoff&#8217;s firm since 1995. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.nydailynews.com\/money\/2009\/05\/08\/2009-05-08_madoffs_pal_is_sued_over_ponzi_plunder.html\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Daily News &#8211; Ezra Merkin should have known better, a lawsuit claims. The Park Avenue hedge fund king funneled investments to Bernie Madoff and received millions in fees Merkin knew were the spoils of a massive Ponzi scheme, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2642,4744,11410,5253,11148,1482,4664,4549,11412,11378,4248,11411,4553],"class_list":["post-10542","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bankruptcy-court","tag-bernie-madoff","tag-court-trustee","tag-ezra","tag-hedge-fund","tag-investments","tag-merkin","tag-new-york-daily-news","tag-park-avenue","tag-picard","tag-ponzi-scheme","tag-spoils","tag-york-daily-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10542"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10542\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}