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New York fund manager pleads guilty to Belize airport scam – Global Rubber Markets A hedge fund manager in Florida who bilked millions of dollars from investors, then briefly disappeared as investigators closed in, pleaded guilty on Wednesday to securities fraud, The Associated Press reported.. The fund manager, Arthur Nadel, 77, apologized.
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NEW YORK (HeadlineNews) – A New York investment manager pleaded guilty on Wednesday to running a $21.9 million fraud in which he falsely told dozens of investors their money was being used to build an international airport in Belize, the U.S. Department of Justice said. Brent Borland, 48, a principal.
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