Draft:Sam Mangel
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Sam Mangel (born 1963) is an American former insurance executive turned federal prison consultant. After serving 20 months in federal prison for wire fraud, Mangel leveraged his personal experience to advise defendants, including high-profile figures such as Steve Bannon and Sam Bankman-Fried, on navigating the federal prison system. He is also a regular contributor to CNN on matters related to white-collar crime and federal incarceration.
Early Life
[edit]Mangel was born February 25, 1963 in Philadelphia, Pennsylvania, and was raised in Cherry Hill, New Jersey. He graduated from University of Pennsylvania in 1985.
Insurance Career
[edit]Mangel operated and ran Rumson Capital and related life insurance companies in Jenkintown, Pennsylvania.[1] He retired in 2012.
Arrest and Incarceration
[edit]In 2016, Mangel was charged with wire fraud as part of an insurance fraud scheme,[2] and he faced a statutory maximum of 85 years in prison.[3] Mangel was eventually sentenced to sixty months, ultimately serving less than two years in federal prison.[4]
Post-Incarceration
[edit]Following his release in 2020, Mangel established a consultant business in Boca Raton, Florida based on his direct experience with the criminal justice system.[5]
Mangel has become the federal prison consultant for some of the most famous white-collar criminals in recent history, including former White House officials Steve Bannon,[6] Peter Navarro,[7][8] Binance founder Changpeng Zhao,[9] and FTX founder Sam Bankman-Fried.[10]
As a result of his work with high-profile clients, Mangel's work has been featured in various media outlets including as a regular contributor on CNN.[11][12]
References
[edit]- ^ https://www.justice.gov/usao-edpa/file/840496/dl
- ^ "Eastern District of Pennsylvania | Florida Man Charged With Insurance Fraud Violations | United States Department of Justice". www.justice.gov. April 12, 2016.
- ^ Elia, Tom. "Boca man faces insurance fraud charges in Pennsylvania". The Palm Beach Post.
- ^ "Sam Mangel, Prison Consultant, Illuminates the Path for the Justice-Impacted". San Francisco Examiner. March 11, 2024.
- ^ Balevic, Katie. "I'm a federal prison consultant. Here's how I went from being in prison to helping clients get ready to go behind bars". Business Insider.
- ^ Polantz, Katelyn (June 17, 2024). "Steve Bannon won't be spending his prison term in a 'Club Fed' as he had hoped, sources say | CNN Politics". CNN.
- ^ "Prison consultant Sam Mangel helps ex-Trump adviser Peter Navarro navigate life behind bars | Semafor".
- ^ Montague, Zach; Adams, David C. (March 19, 2024). "Peter Navarro Begins 4-Month Prison Sentence for Contempt of Congress". The New York Times – via NYTimes.com.
- ^ "Binance Founder CZ Reports to Low-Security California Prison". Bloomberg. June 3, 2024 – via www.bloomberg.com.
- ^ York, Josie Ensor, New (August 26, 2024). "The fixer who can get white-collar criminals a quieter cell or cushy job". www.thetimes.com.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Fritze, Katelyn Polantz, Devan Cole, John (March 18, 2024). "When Peter Navarro goes to prison, he'll hear the lions roar | CNN Politics". CNN.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Polantz, Tierney Sneed, Katelyn (March 19, 2024). "Ex-Trump aide Peter Navarro begins serving prison sentence after historic contempt prosecution | CNN Politics". CNN.
{{cite web}}: CS1 maint: multiple names: authors list (link)