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Florida Nurses Association Endorses Gelber for Attorney General
Sep 25, 2010
Republican Senator Villalobos Endorses Gelber for Attorney General
Sep 24, 2010
Florida Professional Firefighters Endorse Gelber for Attorney General
Sep 21, 2010
Florida Alliance for Retired Americans Endorses Gelber for Attorney General
Sep 20, 2010
Florida PBA Endorses Gelber for Attorney General
Sep 10, 2010
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Thanks Doesn't Seem Sufficient
Nov 4, 2010
ICYMI: Karl Rove's RSLC Attempts to Hijack Elections from Voters
Oct 26, 2010
Release: New Ad Highlights Consensus from Florida Newspapers: Gelber is Clearly Better Qualified
Oct 25, 2010
Release: Bondi Turns to National Special Interests to Fuel Her Campaign
Oct 25, 2010
Statement: Gelber Comments on Sentencing of Sarasota Ponzi Schemer Arthur Nadel
Oct 22, 2010
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Legislature's redistricting handiwork destined for courts
Jan 16, 2012
Bill Nelson's Survival Strategy
Jan 11, 2012
Dan Gelber on exceptionalism and the old Marco Rubio
Sep 6, 2011
Who will take on Rick Scott? Charlie Crist? Alex Sink? Jeremy Ring? Rod Smith? Dan Gelber?
Jun 14, 2011
Gelber pining for Jeb Bush
May 31, 2011
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Hedge fund manager's scheme highlights discussion
Oct 22, 2010
Tampa Bay Online / WFLA
SARASOTA - Hedge fund manager Art Nadel, who used Sarasota-based Scoop Management to bilk 390 clients out of nearly $400 million, was sentenced to 14 years in prison Thursday.
And today Nadel's scheme was the focus of a roundtable discussion on investment fraud at Sarasota's Senior Friendship Center.
The meeting was hosted by attorney Drew Clayton, who represents about a dozen clients victimized by Nadel, state Rep. Keith Fitzgerald and state Sen. Dan Gelber, who is running for the Florida attorney general seat.
Clayton said Nadel's sentence sends the wrong message. "From my perspective it's important to let these bad guys know they're going to go away for a long time."
"We're talking about people who will never recover from this," Clayton said of the victims.
A college professor and his wife are among Clayton's clients.
"They've had to sell their home and they're moving into a two-bedroom apartment as a direct result of this fraud," Clayton said.
He also represents Larry Collier, a phone company retiree who invested his life savings of about $450,000 with Scoop.
"Yeah, I would kind of like to get some money," Collier said during an interview in March. "It brightens a person's future if you have money to live on in the future."
Nadel will serve his time at the Butner Federal Medical Facility in North Carolina. The same prison that well-known Ponzi schemer Bernard Madoff now calls home.