![Mini-Madoff Arthur Nadel](https://3.bp.blogspot.com/_A5zNnbCvLb8/S4VJtLBSIbI/AAAAAAAAAUg/zUbeRpNs8GQ/s320/nadel.jpg)
Arthur Nadel, the man described as "Mini-Madoff," will likely plead guilty to at least some of the charges leveled against him, securities, wire, and mail fraud, sometime later today in a Manhattan Federal court. Operating out of Sarasota, FL, Nadel conned investors out of $360 million in a ponzi scheme similar to Madoff's. Nadel potentially faces decades in prison.