Arthur Nadel Pleads for His Life

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Old Sep 27th, 2010, 04:40 PM   #1
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Default Arthur Nadel Pleads for His Life

Lawyers for the 77-year-old Arthur Nadel, who has been jailed since his arrest in January 2009, have asked a federal judge to sentence him to five years in prison, saying any longer will amount to a life sentence for him.



Florida fund manager Arthur Nadel doesn’t want to die in prison, a sentiment we imagine that many inmates share.

Nadel pleaded guilty in February to fraud charges related to his running a Ponzi scheme that cost investors $168 million. He’s due to be sentenced next week.

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