Sam Mangel
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Sam Mangel (born February 25, 1963) is an American businessman who provides prison consulting services. He served 20 months in
federal prison A federal prison is operated under the jurisdiction of a federal government as opposed to a state or provincial body. Federal prisons are used for people who violated federal law (U.S., Mexico), people considered dangerous (Brazil), or those sen ...
after pleading guilty to
wire fraud Mail fraud and wire fraud are terms used in the United States to describe the use of a physical (e.g., the U.S. Postal Service) or electronic (e.g., a phone, a telegram, a fax, or the Internet) mail system to defraud another, and are U.S. fede ...
. Upon release, Mangel began advising defendants, such as
Steve Bannon Stephen Kevin Bannon (born November 27, 1953) is an American media executive, political strategist, and former investment banker. He served as the White House's chief strategist for the first seven months of president Donald Trump's first ...
,
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a ...
, and
Peter Navarro Peter Kent Navarro (born July 15, 1949) is an American economist who has been the senior counselor for trade and manufacturing to U.S. president Donald Trump since January 2025. He previously served in the first Trump administration, first as ...
, on navigating the U.S. prison system. Mangel is also a CNN contributor on the topics of federal incarceration and
white-collar crime The term "white-collar crime" refers to financially motivated, nonviolent or non-directly violent crime committed by individuals, businesses and government professionals. The crimes are believed to be committed by middle- or upper-class indivi ...
.


Conviction

Mangel was indicted in 2016 for wire fraud and illegal insurance business practices in the Eastern District of Pennsylvania. Through his company Rumson Capital Inc., located in
Jenkintown Jenkintown is a borough in Montgomery County, Pennsylvania, United States. It is approximately north of Center City Philadelphia. History The community was named for William Jenkins, a Welsh pioneer settler. The borough was settled in about ...
,
Pennsylvania Pennsylvania, officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appalachian, and Great Lakes region, Great Lakes regions o ...
, Mangel operated a
life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...
policy brokerage that facilitated the sale of existing life insurance policies to
life settlement A life settlement or viatical settlement (from Latin ''viaticum'', something received before death) is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefi ...
providers. His charges related to falsifying and forging life insurance policy disclosure documents in Pennsylvania. He faced a statutory maximum of 85 years in prison but returned home after serving 20 months at
Federal Correctional Institution, Miami The Federal Correctional Institution, Miami (FCI Miami) is a low-security United States federal prison for male inmates in Florida. It is operated by the Federal Bureau of Prisons (BOP), a division of the United States Department of Justice. The ...
.


Post-Prison Career

After his release from prison in 2020, Mangel established a prison consulting practice using his familiarity with prison to secure his clients their desired prison jobs, get into programs that will reduce their sentences, and other tasks. His clients have included
Steve Bannon Stephen Kevin Bannon (born November 27, 1953) is an American media executive, political strategist, and former investment banker. He served as the White House's chief strategist for the first seven months of president Donald Trump's first ...
,
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a ...
,
Peter Navarro Peter Kent Navarro (born July 15, 1949) is an American economist who has been the senior counselor for trade and manufacturing to U.S. president Donald Trump since January 2025. He previously served in the first Trump administration, first as ...
, British businessman David Price,
Binance Binance Holdings Ltd., branded Binance, is the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading ...
founder
Changpeng Zhao Changpeng Zhao ( zh, s=赵长鹏, p=Zhào Chángpéng), commonly known as CZ, is a Chinese-born Canadian businessman. Zhao is the co-founder and former CEO of Binance. He resigned as the CEO in November 2023 after pleading guilty to a money lau ...
, and those who find themselves in American legal trouble from abroad. Due to his proximity to high-profile conservatives who have been involved in the justice system like Bannon and Navarro, Mangel has been engaged for services related to clemency requests including the preparation of legal documents and character reference letters supporting the clemency. Since
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
took office in his second term, Mangel has received several inquiries regarding pardons per day. Because of his work, Mangel is often consulted by media when high-profile arrests or charges, such as those of
Sean Combs Sean John Combs (born November 4, 1969), better known by his stage name Diddy, and formerly Puff Daddy and P. Diddy, is an American rapper, record producer, and record executive. Born in Harlem and raised in Mount Vernon, New York, Mount Ve ...
,
Hunter Biden Robert Hunter Biden (born February4, 1970) is an American attorney and businessman. He is the second son of former president Joe Biden and his first wife, Neilia Hunter Biden. Hunter Biden was a founding board member of BHR Partners, a Chine ...
,
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a ...
, Luigi Mangione,
Caroline Ellison Caroline Ellison (born November 1994) is a former American business executive and a convicted felon. Ellison was convicted of fraud in 2023 in relation to the bankruptcy of FTX. She was the CEO of Alameda Research, a trading firm affiliated with ...
,
Scott Maddox Scott Charles Maddox (born March 13, 1968) is an American politician. He was the mayor of Tallahassee, Florida, from 1995 to 1996 and from 1997 to 2005. Maddox is the former chair of the Florida Democratic Party and a former Tallahassee City Comm ...
, and
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
.


Personal life

Mangel was born on February 25, 1963 and raised in
Cherry Hill, New Jersey Cherry Hill is a Township (New Jersey), township within Camden County, New Jersey, Camden County, in the U.S. state of New Jersey. As a suburb of Philadelphia, the township is part of the South Jersey and Delaware Valley regions. Cherry Hill ...
. He graduated from
University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...
in 1985. He was married in 1989 and has one son and one daughter. Mangel participates in competitive
cycling Cycling, also known as bicycling or biking, is the activity of riding a bicycle or other types of pedal-driven human-powered vehicles such as balance bikes, unicycles, tricycles, and quadricycles. Cycling is practised around the world fo ...
, including in the 2009
Maccabiah Games The Maccabiah Games (, or משחקי המכביה העולמית; sometimes referred to as the "Jewish Olympics") is an international multi-sport event with summer and winter sports competitions featuring Jews and Israelis regardless of religion ...
. Mangel is a hobby
pickleball Pickleball is a racket or paddle sport in which two or four players use a smooth-faced paddle to hit a perforated, hollow plastic ball over a net until one side is unable to return the ball or commits a rule infraction. Pickleball is played i ...
player.


References

{{DEFAULTSORT:Mangel, Sam 1963 births 21st-century American criminals American businesspeople convicted of crimes American people convicted of mail and wire fraud Businesspeople from Camden County, New Jersey Criminals from New Jersey Living people People from Cherry Hill, New Jersey