Gelber on recent conviction of "mini-Madoff"
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10/22/10 Kate Bradshaw
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State senator and Democratic attorney general candidate Dan Gelber


photo by Kate Bradshaw, WMNF

Yesterday a New York judge sentenced Art Nadel to fourteen years in prison for defrauding hundreds of investors in a Sarasota-based ponzi scheme. The 78-year-old Nadel is known to some as a mini-Madoff, and will be doing his time in the same prison as Bernie Madoff. At a roundtable today in Sarasota, state senator Dan Gelber, the Democratic nominee in the attorney general’s race, announced that’s he’d assemble a unit to tackle investment fraud if elected. Today WMNF spoke with Gelber, who says right now Florida is a haven for fraudsters who target seniors.

That was state senator Dan Gelber, a South Florida Democrat running against Republican Pam Bondi in the attorney general’s race.

Bondi was not available for an interview today, but we hope to speak with her before the election.

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