Wednesday, February 8, 2012

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Former Hedge Fund Manager Nadel Pleads Guilty over Role in $397 Million Scam

Former Florida hedge fund manager and disbarred attorney Arthur Nadel pleaded guilty Feb. 24 in the U.S. District Court for the Southern District of New York to 15 counts of securities, mail, and wire fraud based on his alleged role in a 10-year Ponzi scheme in which…

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