Recently charged with fraud, Florida hedge fund manager Arthur Nadel has conveniently gone missing. Nadel, late of Scoop Capital, was facing down a $50 million payout due to investors when he opted to bail. Last week he left his wife and the world a note referencing his guilty conscience and a potential suicide. Of course, the suicidal don't often transfer $1.25 million to a secret swiss bank account.
Here's the latest on Nadel via the Associated Press.-- MDT
Labels: Arthur Nadel, Fraud, Swoop Capital