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"Mini-Madoff" Arthur Nadel dies in prison at 80
"Mini-Madoff" Arthur Nadel dies in prison at 80
04-17-2012 03:42 PM NEW YORK (Reuters) - Arthur Nadel, a former Florida fund manager dubbed a "mini-Madoff" for defrauding investors out of $168 million, has died in prison at the age of 80, a spokeswoman for the Federal Bureau of Prisons said on Tuesday. Spokeswoman Traci Billingsley said Nadel died on Monday. She had no further details. Nadel was in poor health when he was sentenced to serve 14 years in prison in October 2010 after he pleaded guilty in Manhattan federal court in February that year. ... More... |
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