Hedge fund manager Arthur Nadel, dubbed the “mini-Madoff”, was sentenced to 168 months in jail after being found guilty of embezzling millions of dollars in a Ponzi scheme.
The sentence is one month in jail for every $1 million he embezzled.
Nadel,…
Buy-and-hold investing has been a loss for the last decade, and low-risk options will never get you the returns you’ll need to retire in style. So how can you find real profits in the market? As venture capitalist and business …
It has been two years since Bernie Madoff’s $60 billion Ponzi scheme to defraud investors was unmasked and investors are still trying to get their money back. Attorney Michael Goldberg explains what Ponzi schemes are, how to avoid them and how to get your money back (eventually) if you are caught in one.
Continue reading Two Years After Madoff: Ponzi Hell Continues
Two Years After Madoff: Ponzi Hell Continues originally appeared on DailyFinance on Sat, 16 Oct 2010 06:00:00.
Filed Under: People, Investing, Investing Basics, Video, Ask an Expert
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