Entries from Gothamist tagged with 'convict'
June 20, 2008
Authorities arrested the girlfriend of the fugitive hedge fund scammer yesterday. Debra Ryan reportedly confessed that she helped Sam Israel, who was sentenced to 20 years in prison for swindling hundreds of millions from investors, plan his disappearance a week and a half ago. On June 10, Israel was supposed to report to a federal correctional facility in Massachusetts, but his empty GMC Envoy was found on the Bear Mountain Bridge. The words "suicide is......
Continue Reading "Missing Hedge Funder's Girlfriend Helped Him Escape"June 11, 2008
A bench warrant was issued for the arrest of Samuel Israel III, the hedge fund founder who was convicted of scamming investors of $450 million. Israel was supposed to report for a 20-year prison sentence in Massachusetts on Monday, but instead, his empty car was found on the Bear Mountain Bridge with "Suicide is painless" written on the hood. Speculation is high that Israel staged his death. NY State police investigator Bruce Cuccia said, "It......
Continue Reading "Missing Hedge Fund Swindler Wanted by Authorities"
