A single unforgivable deed capsized his fortune, reputation and social standing overnight: He embraced a false prophet of profit named Bernard Madoff. On the surface, Merkin, 55, was a gold-plated money manager who invested on behalf of banks, billionaires, hedge funds, yeshivas, nonprofits and universities. In reality, his Midas touch was a mirage. Without telling his clients, he steered the bulk of the money into Madoff's $50 billion Ponzi scheme. As cash evaporated though his network of hedge funds and partnerships - Ascot Partners and Gabriel Capital Corp. in midtown, Ariel Fund Ltd. in the Cayman Islands - Merkin pocketed some $30 million in annual management fees, victims claim.

Cuomo Sues Merkin for Shifting $2.4 Billion to Madoff
Cuomo Sues Merkin for Shifting $2.4 Billion to Madoff By Karen Freifeld April 6 (Bloomberg) -- New York Attorney General Andrew Cuomo sued financier Ezra Merkin and his Gabriel Capital Corp. for
Famed for piety, Jacob Merkin put faith and funds in Bernie Madoff
Famed for piety, Jacob Merkin put faith and funds in Bernie Madoff BY DOUGLAS FEIDEN DAILY NEWS STAFF WRITER Sunday, January 18th 2009, 5:24 AM Jacob Ezra Merkin was once revered as a wizar
Hedge fund founder Ezra Merkin "knew or should have known" that Bernard Madoff was a fraud, the trustee liquidating the firm said on Thursday in a lawsuit seeking $500 million from Merkin and his funds
UPDATE 2-Madoff trustee sues Merkin, funds for $500 mln Thu May 7, 2009 7:53pm BST Email |Print | Reprints [-] Text [+] * Merkin sued for $500 mln by Madoff firm trustee * Says Merkin 'knew o
Hedge Fund Manager Who Invested Heavily With Madoff Agrees to Cede Control
Hedge Fund Manager Who Invested Heavily With Madoff Agrees to Cede Control By ZACHERY KOUWE Published: May 19, 2009 J. Ezra Merkin, the prominent New York financier who lost more than $2.4 bil
Inquiry Started of Financier:J. Ezra Merkin-Who Invested With Madoff
Inquiry Started of Financier Who Invested With Madoff By LESLIE WAYNE Published: January 15, 2009 J. Ezra Merkin, a New York financier, wrote his investors last month that he too was shocked by t
One of the top advisers to the money manager J. Ezra Merkin, who invested $2 billion of his clients’ money with Bernard L. Madoff, is a convicted felon who worked for Mr. Merkin while still in federal prison, according to recently filed court documents.
Imprisoned Felon Was Adviser to Madoff Investor By LESLIE WAYNE and ZACHERY KOUWE Published: February 13, 2009 One of the top advisers to the money manager J. Ezra Merkin, who invested $2 bill
The Juiciest Madoff Fruit merkin 5th Avenue Apt
The Juiciest Madoff Fruit The year’s most wildly frothed-over piece of plump New York real estate isn’t officially on the market. It’s not even one of those quiet listings, like the philanthrop