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Is Missing Florida Hedge Fund Manager a Marcus Schrenker Copy Cat?

By David Lohr

The Federal Bureau of Investigation has taken over the case of Arthur G. Nadel, a 76-year-old hedge fund manager from Sarasota, Florida, who investors suspect of defrauding them out of $350 million USD. The case came to light on January 14, 2009, when police received a call from Nadel?s wife, Peg, notifying them that her husband was missing. She reportedly told them that she had last seen her husband when he left for work that morning; however when she went to meet him at his office later that day he was not there. That same day, at about 1:20 p.m., Nadel?s stepson, Geoff Quisenberry, received a call from Nadel, instructing him to go to his Sarasota home to retrieve a note he had left in a desk drawer. In the note, Nadel expressed his love for his wife and his guilt for mismanaging his clients? money...continue to full post

Full post as published by Criminal Report Daily on January 21, 2009 (boomark / email).