Oct 28, 2008 10:56 am US/Eastern
Hedge Fund Swindler Being Sent To Medical Facility
NEW YORK (CBS/AP) ―
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Missing hedge fund swindler Samuel Israel III surrendered to federal agents in Southwick, Mass. on Wednesday. (File)
AP
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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
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This is a picture of the RV federal agents believe missing hedge fund swindler Samuel Israel III went on the run in.
CBS
Hedge fund swindler Samuel Israel III, who went on the lam rather than report to prison, is being sent to a federal medical facility.
No specific ailment was mentioned during Tuesday's court session in White Plains. Federal judge Kenneth Karas ordered physical and psychological exams at a North Carolina facility.
Defense attorney Barry Bohrer said last month that Israel's mental problems, apparently caused by drug therapy, might have been getting worse.
Israel was supposed to report to prison June 9 for bilking investors out of hundreds of millions of dollars.
Instead, authorities say, he faked his suicide -- leaving his SUV at a Hudson River bridge with the words "Suicide is Painless" etched into the dust on the hood. He surrendered July 2.
(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
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