You Know The Dude Just Faked It. Update: This guy surrendered in July.


NY Times: Fund Manager Who Faked His Suicide Surrenders.

Back in June:

A hedge-fund swindler who was supposed to be driving himself to prison abandoned his car on a bridge with the phrase "Suicide is Painless" scrawled on its hood, but no body has been found in the river below -- and the victims of his fraud say they doubt he killed himself.

The FBI and state police are skeptical, saying they're still looking for Samuel Israel III.

Israel, 48, a co-founder and chief executive of the now-collapsed Bayou hedge funds, was sentenced in April to 20 years in federal prison for conspiracy and fraud, to begin Monday afternoon. He was also ordered to pay $300 million to his victims.

Full Story


Clearly, money talks -- and it speaks a language I don't fully understand. They let a thief, who stole hundreds of millions of dollars from investors, drive himself to prison. What the fuck do you expect?

1 comments:

Patrick said...

Seriously! What the fuck! They don't let petty thieves drive themselves to prison. Also, can you blame the guy? Like, he's given the option to drive himself to prison, what did they think would happen?

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