Authorities think money manager planned to vanish

Arlington Heights Daily Herald – A missing hedge fund manager who owed investors a $50 million payout told his wife in a note he felt guilty about mismanaging people’s money, and threatened to kill himself, according to a sheriff’s report released Tuesday.

However, the Sarasota County Sheriff’s Office said it believes Arthur G. Nadel planned his disappearance and that it was ending its search for him.

The Federal Bureau of Investigation will continue to investigate complaints from investors who were expecting Nadel to deliver the $50 million redemption on Jan. 15, the day after he disappeared.

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