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Israel To Plead Guilty To Bail-Jumping, Eventually

Aug 7 2008 | 8:41am ET

When dealing with the likes of Samuel Israel, it seems no one wants to take any chances.

The convicted hedge fund fraudster, who swindled his Bayou Group clients out of $450 million, tried twice yesterday to plead guilty to charges of bail-jumping, but was stymied both times, once by procedure, and once by a wary federal judge.


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