{"id":10628,"date":"2009-05-20T00:00:00","date_gmt":"2009-05-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"man-linked-to-madoff-to-yield-control-of-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/man-linked-to-madoff-to-yield-control-of-funds.html","title":{"rendered":"Man linked to Madoff to yield control of funds"},"content":{"rendered":"<p>Denver Post &#8211; J. Ezra Merkin, a hedge-fund manager who invested billions of dollars of clients&#8217; money with swindler Bernard Madoff, has agreed to relinquish control of his funds to court-appointed trustees. <\/p>\n<p>The attorney general&#8217;s office had requested the move in connection with its civil fraud lawsuit accusing Merkin of convincing clients he was managing their money when he was actually funneling $2.4 billion to Madoff&#8217;s Ponzi scheme. <\/p>\n<p>The deal, which is expected to be approved by a judge Thursday, is not a settlement in the case, the attorney general&#8217;s office said. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.denverpost.com\/business\/ci_12407073\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denver Post &#8211; J. Ezra Merkin, a hedge-fund manager who invested billions of dollars of clients&#8217; money with swindler Bernard Madoff, has agreed to relinquish control of his funds to court-appointed trustees. The attorney general&#8217;s office had requested the move [&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":[6867,4331,4807,11937,9635,5253,11938,37,4664,48,4248,4766],"class_list":["post-10628","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-attorney-general","tag-bernard-madoff","tag-billions-of-dollars","tag-civil-fraud","tag-denver-post","tag-ezra","tag-fraud-lawsuit","tag-hedge-fund-manager","tag-merkin","tag-money","tag-ponzi-scheme","tag-swindler"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10628","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=10628"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10628\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}