Monday, 20 October 2014
Last updated 5 hours ago
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.
In 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
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...