FBI Releases New Israel Details

Jul 1 2008 | 11:03am ET

More than three weeks after hedge fund fraudster Samuel Israel disappeared instead of reporting to prison, the Federal Bureau of Investigation has released new details about the Bayou Group founder’s flight from justice.

Samuel Israel's recreational vehicleSamuel Israel's recreational vehicleIn its own wanted poster, posted on its Web site yesterday, the FBI says Israel may be traveling in a white 2007 Coachman Freelander recreational vehicle with a blue 2005 Yamaha scooter attached to the back. The wanted poster even includes a possible New York license plate number, EEN-5973, and a photo of the RV.

The FBI says Israel may be staying at highway rest areas or campgrounds, and includes a variety of possible aliases, including San Ryan, David Clapp and Samuel Letrois.

The U.S. Marshals Service issued its own Israel wanted posted three days after his disappearance, warning that the fugitive should be considered “armed and dangerous.”

Israel disappeared June 9, the day he was scheduled to report to prison to begin serving a 20-year sentence for defrauding investors of $450 million. His SUV was found idling on a bridge 40 miles north of New York City with the words “suicide is painless” scrawled on the hood. But his body has not been found in the Hudson River, and authorities believe that he faked his death.


Israel’s Girlfriend Faces Decade In Prison
Bayou Group Fraudster’s Girlfriend Charged With Helping Him Flee
Feds Rule Out Suicide In Israel Disappearance
Investigators Probe Possible Israel Getaway Driver, Money Trail
Authorities Question Possible Israel Getaway Driver
Bayou’s Israel ‘Armed And Dangerous’
Arrest Warrant Issued For Missing Bayou Fraudster
Feds Suspect Israel Faked Suicide
FBI, Marshals Hunt For Missing Bayou Fraudster
Bayou Group Founder A Possible Suicide
Bayou’s Israel Gets 20 Years

Bayou Group Head To Be Sentenced Today

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...