Nadel Takes Star Turn On 'American Greed'

Apr 27 2011 | 12:01pm ET

He may be moldering away in prison for the next 14 years, but Arthur Nadel will be back in living color tonight—on television.

Nadel's $168 million fraud is the subject of the newest episode of CNBC's "American Greed." The show will premiere tonight at 10 p.m., although those with better things to do tonight can catch re-runs early Thursday morning, Saturday, Sunday or May 4.

CNBC was in Nadel's hometown of Sarasota in January to interview people connected with the fraud, including victims, lawyers and former employees of his firm, Scoop Management. The episode is titled, "The Wizard of Sarasota."

Nadel pleaded guilty to fraud last February, a year after his Ponzi scheme collapsed. He was sentenced to 14 years in prison in October.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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