Bayou Group Fraudster Turns Himself In
Jul 2 2008 | 11:29am ET
Hedge-fund-fraudster-turned-fugitive Samuel Israel surrendered to police this morning after more than three weeks on the lam.
The Bayou Group founder turned himself in to police at 9:30 a.m. in Southwick, Mass., just outside Springfield and 80 miles from the bridge where his SUV was found on June 9 with the words, “suicide is painless,” scrawled on the hood. The U.S. Attorney’s office in Manhattan confirmed that Israel is in federal custody.
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