An anti social, narcisstic virgin who lived with in his parents basement well into his 30s who turned into one of the most infamous white collar criminals in history. Was it because he outsmarted the government? 50 year sentence in the federal pen?
"""Martin R. "Marty" Frankel (born 1954) is an American financial criminal who conducted a series of investment frauds in the late 20th century, causing hundreds of millions of dollars in losses. He was caught in 1999, and in 2004 was sentenced to 200 months in prison based on over $200 million in proven losses to insurance companies he bought then looted; the sentence was reaffirmed in 2006.
Marty Frankel was born to Leon and Tilly Frankel in 1954. He is of Ashkenazi Jewish descent.
Frankel used astrology to make financial trading decisions. In addition, he usually could not bring himself to actually make trades, causing trouble for him with the brokerage firms he worked for. After being fired by his boss John Schultze in 1986, Frankel set up Winthrop Capital using the phony name of James Spencer. He also set up The Frankel Fund with Douglas Maxwell, but remained reluctant to buy or hold his chosen investments.
What may set Mr. Frankel's case apart from some other prominent white-collar financial scandals is that his arrogance and self importance appeared to mask personal insecurities, anti-social tendencies and a modest set of financial skills. While convicted Wall Street felon Ivan Boesky hobnobbed with the likes of Michael Milken, Mr. Frankel's business associates were far less accomplished. One of his earliest investors found him only by virtue of the Toledo, Ohio, yellow pages. Later, when Mr. Frankel allegedly set up the Thunor Trust to acquire insurance companies, he installed as its trustee a respiratory-therapy-equipment salesman turned bank administrator, the insurers, which turned over their assets to Mr. Frankel to invest, were struggling to survive. Many specialized in writing policies to cover burial expenses.
But others remember him as a hermit who lived with his parents well into his 30s, and, when sued for financial improprieties, had his mother drive him to a deposition at a lawyer's office. For all the hours spent talking about financial strategy, he second-guessed himself when it came to pulling the trigger on trades.
Mr. Frankel's life today is surely not the way he envisioned it. From 1999 - 2000 he was a top ten most wanted fugitive by the FBI, An international news corps descended on Greenwich, Toledo, and other points where Mr. Frankel did business. Federal authorities are peeling away his carefully constructed web of no fewer than six aliases. Documents that were pulled from the embers in his Greenwich home show he was enamored of astrology, and may have been laundering money."""

