Quantcast

Search is Still on for Missing Hedge Fund Scammer

2008_07_samisr3.jpg

After released a "Wanted" poster and questioning someone who may have been involved with an escape, law enforcement officials doubt that hedge fund founder Samuel Israel killed himself. Israel, who was convicted and sentenced to 20 years in prison for swindling $450 million out of investors, was supposed to arrive at federal prison on Monday, but instead his empty SUV was found the Bear Mountain Bridge. The words "Suicide is Painless" were written on the dusty hood, suggesting suicide.

Or a staged suicide: Both WNBC and WABC report that authorities had spoken to someone whose car was seen on the bridge, a possible getaway driver. Per WNBC, "Officials said there is a chance Israel is still in the U.S. and they are following some leads suggesting he may now be making his getaway in an RV-type motor home."

The U.S. Marshals released a "Wanted" poster of Israel, noting that he's armed and dangerous, but that's standard language, since most people on the run definitely don't want to be caught. And the police say they will continue to search the Hudson River, "We'll continue to search, if it takes a week, a month, you know, the rest of the summer."

Contact the author of this article or email tips@gothamist.com with further questions, comments or tips.

Comments [rss]

  • sonyactivision

    He's "swindling with the fishes".

  • JenChungsBaby

    That's funny. How is his social security number supposed to help us identify him if we see him strolling down some street somewhere?

  • DWM2008

    smokin' aces, we better ball it for buddy israel!

  • allie25

    tatoo on his hip? sounds cute. what is he a 16 year old girl?

  • jack9

    'After released a "Wanted" poster...'

    "After released"??

  • Dave Hogarty

    Hey look! They put his Social Security # up there. Any talented ID thieves want to take a crack at stealing some of that $350 million this suicide faker absconded with?

  • Peter

    "White" or "White Hispanic?" He's either one or the other, can't the FBI at least figure that out?

  • Tim N.

    Bears a disturbing resemblance to Agent Harris from The Sopranos.

  • drewo

    Wanted for a committing lame facial hair.

blog comments powered by Disqus

send a tip

tips@gothamist.com