Publisher's Note

American Greed To Profile Hedge Fund Fraudster Nadel

Apr 26 2011 | 3:30pm ET by Deirdre Brennan

This week’s CNBC episode of American Greed profiles our second, make that third, favorite scam artist, Arthur Nadel.

The so-called ‘Wizard of Sarasota’ (a name clearly made up by the folks at CNBC) bilked investors in his six hedge funds out of $162 million. While he wasn’t as creative as our second favorite fraudster Samuel 'suicide is painless' Israel when writing his goodbye note, just like Sammy, he is very much alive and is now kicking it in a federal penitentiary—the Butner Federal Correctional Complex to be exact. He’s is good company, Butner is where arch-fraudster Bernie Madoff is spending his remaining days. So, if you haven’t gotten your fill of frauds with our Hall of Justice section, you may want to tune in (see trailer below).



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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…