The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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1/22/2009
Rash of Disappearing Money Managers Continues with Arthur Nadel
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

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