Nadel Clients Return $120,000 to Trustee
The Liquidation of the Accused Ponzi Schemer’s Assets. Two clients of Arthur Nadel's hedge funds have turned over $120,000 to the trustee overseeing the liquidation of the accused Ponzi schemer's assets. Arthur Nadel was president of Scoop Management, a Sarasota, Florida based company which managed six private investment funds. … [Read more...] about Nadel Clients Return $120,000 to Trustee
All of Arthur Nadel’s Assets to Stay Frozen
To Access Some of the Accused Ponzi Schemer’s Assets. Arthur Nadel's lawyers have lost their bid to access some of the accused Ponzi schemer's assets. Last week, we reported that a Tampa Bay law firm representing Nadel in his criminal case said the former hedge fund manager owed it just over $93,000 in unpaid legal bills. The law … [Read more...] about All of Arthur Nadel’s Assets to Stay Frozen
Madoff Trustee Granted Power of Attorney over UK Unit
The Trustee Charged With Liquidating Bernard Madoff’s Assets. A judge has granted the trustee charged with liquidating Bernard Madoff's assets power of attorney over a unit of his business in the United Kingdom. According to Bloomberg.com, the attorney for the trustee said that such authority over London-based Madoff Securities … [Read more...] about Madoff Trustee Granted Power of Attorney over UK Unit
