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When 75-year-old Arthur G. Nadel was arrested for running a huge Ponzi scheme which looted almost $400 million from investors, it marked the second time this decade that an owner of what used to be called Huffman Aviation has been implicated in major crimes normally associated with the Mafia. Ponzi schemes, of course, are a [...]
July 27 2009 Before Osama bin Laden became the world’s most wanted terrorist, he was the world’s biggest heroin kingpin. In 2000 Afghanistan produced more than half of the world’s supply of opium. (Today it produces almost two-thirds.) Like any good businessman, Osama was eager to penetrate the world’s biggest market for his particular product. [...]
(Read the story at http://www.madcowprod.com/07272009.htm Then return and join the forum here.) Art Nadel, the recent owner of Huffman Aviation accused of running a Ponzi scheme which allegedly stole almost $400 million from investors, is the only person so far charged with a crime. However if authorities persist in claiming that claim Nadel was a [...]
