Font Size

New York Local News

Featured Slideshows

2009 Celebrity Deaths, July-Dec.

E-mail

Close Window E-mail This Page

Hedge Fund Swindler To Plead Guilty

Required fields are marked with an asterisk(*)

Recipient E-mail:*
- Your Name:*
- Your E-mail:*
Add a Message:
Send me a copy of this e-mail.

Type the characters in this picture:*

Click here to refresh with new letters

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

Print Share + Comments

Sep 16, 2008 7:12 am US/Eastern

Hedge Fund Swindler To Plead Guilty

NEW YORK (CBS) ―

Click to enlarge 1 of 3: Missing hedge fund swindler Samuel Israel III surrendered to federal agents in Southwick, Mass. on Wednesday. (File)
AP
Click to enlarge 2 of 3: Debra Ryan, of Armonk, admitted to investigators that she helped Samuel Israel pack up the RV and saw him park it on a highway rest area on June 9, the day he was supposed to report to federal prison for the start of a 20-year term.
CBS
Click to enlarge 3 of 3: This is a picture of the RV federal agents believe missing hedge fund swindler Samuel Israel III went on the run in.
CBS

Close

numSlides of totalImages

Hedge-fund swindler Samuel Israel III is still trying to plead guilty to skipping out on prison by faking his suicide.

Israel's lawyer, Barry Bohrer, says Israel will admit in court Tuesday -- if he's allowed -- that he failed to surrender on June 9 for a 20-year term for bilking investors out of hundreds of millions of dollars.

Instead, Israel allegedly faked his suicide on a bridge and went on the lam in an RV until turning himself in on July 2. He left his SUV on a bridge north of New York City with the words "Suicide is Painless" etched into the dust on the hood.

Israel was in federal court in White Plains to plead guilty last month, but the judge postponed the case when Israel said his treatment for an addiction to painkillers had affected his ability to think clearly. Bohrer said Monday that treatment is still having "substantial effects" on Israel.

WCBSTV.com Popular Pages

Add Comment

here here

Your Name
Your E-Mail * Will not be displayed with comment
Suggest Link * e.g. (http://www.mywebsite.com)
Your Comment

Type the characters in this picture:*

Click here to refresh with new letters

Show Comments (0)

Close Window Login

Password:

Forgot Password

Close Window Flag Comment

You are flagging the following comment:

Username:
E-mail:
Reason:

Type the characters in this picture:*

Click here to refresh with new letters

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.