Tag Archives: nadel
Newsletter writer’s lawyer seeks dismissal
HeraldTribune.com – An attorney representing newsletter writer Don Rowe, who strongly recommended Arthur G. Nadel’s hedge funds to some investors, is seeking to have a civil fraud suit against his client dismissed. In an Aug. 3 filing in circuit court […]
At Nadel hearing, new fund surfaces
Herald Tribune – At a bail hearing in which Arthur G. Nadel was sent back to his cell to come up with better co-signers, a federal judge heard from the receiver in the case about a previously unknown multimillion-dollar hedge […]
Database raised red flags on Nadel funds in 2005
Herald Tribune – Partners of failed hedge fund trader Arthur Nadel said they were shocked to learn after Nadel disappeared on Jan. 14 that the six hedge funds for which he did the trading had been emptied of their purported […]
Time flies with Nadel in custody
Herald Tribune – As Arthur G. Nadel made his way to New York Thursday under the watchful eye of U.S. marshals, the clock ticked away on the 30-day time limit faced by prosecutors to indict the man accused of a […]
Judge extends freeze on Nadel
Herald Tribune – A federal judge extended a freeze on the assets of Sarasota’s Arthur G. Nadel on Tuesday, but failed to include other partners — a measure some investors with the accused hedge fund swindler have been pushing for […]
Hedge Fund Manager to Appear in Court
West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]
Accountant for missing Sarasota hedge fund manager wasn’t certified
ABC Action News – “I feel sick to my stomach. I don’t sleep well at night; I am up and down every couple of hours. Leslie Collier was on the verge of retirement until she discovered a week ago that […]
Sorting out losses in Nadel funds complex
Sarasota Herald-Tribune – When he first invested $100,000 in Arthur G. Nadel’s Viking Fund, David Walters was elated with a 7.77 percent return in just the first three months. After the Sarasota-based fund delivered a 22 percent profit in 2004, […]
SEC charges missing money manager Nadel with fraud
PR Inside – Federal regulators on Wednesday charged a missing hedge fund manager with fraud, saying he misled investors and overstated the value of investments in the six funds by about $300 million. The Securities and Exchange Commission won a court […]
Another Florida Ponzi-Scheme?
New York (HedgeCo.Net) – Investors in South Florida are fearing the worst, with all eyes turned to Michael Riolo, a Boca Raton resident who may have bilked over $50 million out of investors. Riolo regularly distributed performance reports to his […]
