Skip to: Content
Skip to: Site Navigation
Skip to: Search

November 22, 2008 8:28:43 CST

Learn about Newser Points »

« Back to the grid | Next story »

Girlfriend of Fugitive Fund Chief Charged

Posted Jun 19, 08 6:21 PM CDT in Crime & Courts,  Business 

(AP) – The girlfriend of a hedge fund swindler whose car was found abandoned in New York has been charged with helping him elude his sentence. Police arrested Debra Ryan today and accused her of aiding and abetting the escape of Samuel Israel III, who bilked investors out of $450 million. He failed to report to prison, and police say he left his car by a bridge and faked his own suicide.

Source Associated Press

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Israel to Proceed Directly to Jail

    Jul 3, 08 1:50 PM CDT
    Israel to Proceed Directly to Jail A federal judge in New York ordered white-collar fugitive Samuel Israel to start serving his 20-year fraud sentence immediately, the Wall Street Journal reports, and ruled that his $500,000 bail be forfeited. "My hope is it will be applied to the resources taxpayers incurred to find Mr. Israel," the judge said. The former hedge-fund manager could face an extra 10 years for fleeing. More »

  • Israel to Judge: I Did Attempt Suicide

    Jul 3, 08 11:24 CDT
    Israel to Judge: I Did Attempt Suicide A hedge-fund cheat who faked his death to try to dodge a 20-year prison sentence has told a judge that he did actually try to commit suicide this week. Samuel Israel appeared in Manhattan federal court today for a new charge that could get him an extra 10 years. More »

  • Fugitive Hedge- Fund Swindler in Feds' Custody

    Jul 2, 08 11:02 CDT
    Fugitive Hedge- Fund Swindler in Feds' Custody It's official: Samuel Israel definitely isn't dead. The fugitive hedge-fund swindler turned himself in today, federal authorities say. Israel disappeared last month on the day he was supposed to report to federal prison. His car was found parked near a bridge over the Hudson River, with the words "suicide is painless" scrawled in the dust on the hood, leading to brief speculation that Israel had killed himself. More »

  • Bridge 'Suicide' Ruled Fugitive

    Jun 17, 08 3:57 CDT
    Bridge 'Suicide' Ruled Fugitive A New York hedge fund manager who bilked investors out of $400 million has been declared a fugitive by federal authorities, reports Bloomberg. "Suicide has been ruled out,'' said a spokesman for the US Marshals Service. Samuel Israel disappeared the day he was scheduled to begin a 20-year sentence last week. His car was found on a bridge over the Hudson River, with "suicide is painless" scrawled in the dust on the windshield. More »

  • With No Body, Cops Doubt NY Banker's Suicide

    Jun 11, 08 11:31 CDT
    With No Body, Cops Doubt NY Banker's Suicide An international manhunt is now under way for a former hedge-fund manager who disappeared the day he was to begin serving a prison sentence for defrauding investors. A car belonging to Samuel Israel III was found Monday at a bridge over New York's Hudson River, the Wall Street Journal reports; though bodies of suicide jumpers are normally found quickly, there's no sign of Israel. More »

In this April 14, 2008, file photo, Bayou Group hedge-fund founder Samuel Israel III, right, arrives at the U.S Courthouse in New York.   (AP Photo/Craig Ruttle, File)
In this Sept. 29, 2005, file photo, Samuel Israel III, the founder of Bayou hedge fund, leaves federal court in White Plains, N.Y.   (AP Photo/Adam Rountree, File)
This wanted poster provided by the U.S. Department of Justice Marshals Service shows Samuel Israel III.   (AP Photo/ U.S. Department of Justice Marshals Service)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 1)

Tags

hedge fund • fugitive • Samuel Israel • Bayou Group


Loading...

Today's Most Popular

Loading...

Other Business Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »