Tag Archives: nadel

Charges for Nadel

SEC Charges Missing Trader for Defrauding Investors at Sarasota-Based Hedge Funds


Washington, D.C., Jan. 21, 2009 — The Securities and Exchange Commission today charged Arthur Nadel of Sarasota, Fla., with fraud in connection with six hedge funds for which he acted as the principal investment advisor. According to the SEC’s complaint, Nadel provided false and misleading information for dissemination to investors about the funds’ historical returns and falsely overstated the value of investments in the funds by approximately $300 million. Continue reading