Crooked hedge fund manager known as ‘mini-Madoff’ dies in prison

Mail Online – 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 spokesman for the Federal Bureau of Prisons said on Tuesday.

Although the cause of death has not been given, Nadel was already in poor health when he was sentenced to serve 14-years in October 2010 after pleading guilty in a federal court in Manhattan.

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