Friday
Oct222010
Mini-Madoff Goes to Court for $168 Million Scheme
Arthur Nadel, 77, was sentenced to 14 years in prison due to his role in a massive Ponzi scheme through which he obtained over $300 million from clients around the country. During his sentecing clients called him "evil" and a crook.
His response? "Their anger and outrage became mine at myself," Nadel said. "I blame only myself for my acts."
- Read report from Reuters.
Friday, October 22, 2010 at 3:58PM | 


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