Tags: Criminal.
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 was Leon’s fourth child and Tilly’s second.