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Keyword: nadel

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  • FUND FUGITIVE'S '05 'FINAGLING' (mini-Madoffs start surfacing)

    01/20/2009 5:06:46 AM PST · by Liz · 8 replies · 482+ views
    NY POST ^ | KAJA WHITEHOUSE and CHARLES BENNETT
    ........suspicions about missing alleged hedge-fund swindler Arthur Nadel's hedge funds performance date back at least to 2005. Nadel managed six funds through a Sarasota, Fla, firm called Scoop Management...... he may have duped investors out of $350 million.
  • Another Hedge Fund Manager runs out on a Ponzi Scheme

    01/18/2009 6:19:17 AM PST · by keving · 18 replies · 1,323+ views
    St Pete Times ^ | 1/18/09 | By Times staff, wire reports
    Police find car of missing Sarasota hedge fund manager By Times staff, wire reports In Print: Sunday, January 18, 2009 -------------------------------------------------------------------------------- Story Tools E-mail this story Contact the editor Print this story Comment on this story Social Bookmarking Digg Facebook Stumbleupon Reddit Del.icio.us Newsvine ADVERTISEMENT Latest News Rhesus monkey on the loose in Clearwater Fifth in same family retrieves Epiphany cross Suspects at large after St. Pete standoff Raw video - SWAT standoff in St. Pete Fifth in same family retrieves Epiphany cross Fifth in same family retrieves Epiphany cross Epiphany service at St. Nicholas Greek Orthodox Cathedral Protest of...
  • Missing hedge fund manager may be missing $350 million

    01/17/2009 12:06:39 PM PST · by jsh3180 · 17 replies · 1,019+ views
    examiner.com Tampa Bay ^ | Paul Springer
    A Florida money manage who had--emphasis on had--$350 million under management has gone missing. Arthur Nadel, principal of Sarasota, Fl.-based Scoop Management, left a note stating that he was distraught. Authorities have begun an investigation into the absence of what may be hundreds of millions of dollars. Nadel was a real estate developer who graduated from New York University Law School, according to Bloomberg. He subsequently underwent a career change, metamorphosing into some kind of algorithmic trader whose math apparently did not add up as expected. When the bulls are running, every man jack with a calculator and credit card...
  • Fund manager gone and possibly $350 million with him

    01/16/2009 8:21:57 PM PST · by seacapn · 17 replies · 1,206+ views
    Sarasota Harold Tribune ^ | Friday, January 16, 2009 | John Hielscher, Michael Pollick & Kevin McQuaid
    Investors in a Sarasota-based hedge fund could be out $350 million, and the man behind it has vanished. Managers of the fund are telling clients that their money is gone, and they do not know if any will be recovered. Fund principal Arthur G. Nadel, a prominent player in Sarasota social and philanthropic circles, disappeared this week. His wife, Peg, filed a missing person report with law enforcement after finding a suicide note. Investors — from individuals to the Sarasota YMCA Foundation — in the funds branded Viking, Valhalla and Scoop were stunned this week to learn they may be...