Israel’s Girlfriend Pleads Not Guilty To Cash Sneak

Jan 30 2009 | 4:05am ET

Not for the first time, Debra Ryan has pleaded not guilty to trying to lend her hedge fund fraudster boyfriend a hand.

Ryan was arraigned yesterday on charges she tried to sneak $300 in cash to Samuel Israel, the Bayou Group founder convicted of defrauding investors of more than $400 million. Ryan, who is already facing federal charges of assisting Israel in his three-week flight from justice this summer, allegedly mailed her paramour three $100 bills hidden in the pages of a magazine while he was being held at the Westchester County, N.Y., jail.

Israel is now at a federal medical prison facility undergoing a psychological evaluation. Ironically, it is the same prison to which he was supposed to report in June when, allegedly with Ryan’s help, he fled in a recreational vehicle after faking a suicide. Ryan, who reportedly confessed to helping Israel jump bail, is in plea bargain talks with federal prosecutors on that case after an initial not guilty plea.

Ryan is out on $75,000 bail on the federal charges.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note