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Ponzi Schemer Nadel Fights For Right To Appeal

Law360 (December 9, 2010, 2:31 PM EST) -- Admitted Ponzi schemer and former hedge fund manager Arthur G. Nadel, who was slapped with a 14-year prison term in October, has filed a notice in federal court to preserve his opportunity to lodge an appeal.

Nadel filed a notice of appeal in the U.S. District Court for the Southern District of New York on Dec. 3.

Nadel's attorney, Mark Gombiner, told Law360 on Thursday that the notice is a means to keep the prospect of filing an appeal open. Nadel is preserving his right to...
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