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Peggy (Peg) and Art Nadel in an undated file photo...Background: Oct. 22, 2010 -- Arthur Nadel, a fund manager whose $168 million fraud was one of several that collapsed in the declining economy and left hundreds of investors without their money, was sentenced to 14 years in prison. Nadel, 77, dubbed "mini-Madoff" in his home state of Florida after epic swindler Bernard Madoff, was excoriated as "evil" and "a loser" by one of his victims during the sentencing proceeding in U.S. District Court in New York. The Sarasota-based fund manager obtained more than $300 million from investors across the United States in managing six different funds, stealing about $168 million between January 1999 and January 2009 through his Scoop business...CONTACT: Carla Hotvedt at SILVER IMAGE® Photo Agency at 352.373-5771 or