Law360, New York (April 06, 2009) -- Hedge fund operator J. Ezra Merkin was charged Monday by New York Attorney General Andrew Cuomo for allegedly duping hundreds of investors by secretly steering $2.4 billion of their money into Bernard L. Madoff's massive Ponzi scheme.
In a 54-page civil fraud complaint filed in the New York State Supreme Court, Cuomo alleges the Madoff middleman ignored irregularities and “glaring red flags” when he funneled clients' money...
