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On June 25, 2008, in Hedge Funds, Investor Protection, SEC, Scandals, Securities Industry (general), by Investor's Watchblog

As we knew from the beginning, Samuel Israel is alive. He tried to lead the world to believe that he had jumped off a bridge into the Hudson River - leaving his car on the bridge with the words “Suicide is Painless” written in the pollen and dirt on the hood. Israel, who masterminded the $450 million Bayou Group hedge fund [...]

As we knew from the beginning, Samuel Israel is alive. He tried to lead the world to believe that he had jumped off a bridge into the Hudson River - leaving his car on the bridge with the words “Suicide is Painless” written in the pollen and dirt on the hood. Israel, who masterminded the $450 million Bayou Group hedge fund fraud, was scheduled to report to prison the day he abandoned his car. His girlfriend has admitted to picking him up in the town of Bedford, New York, and helping him load his personal possessions into a recreational vehicle. Stay tuned.