Wednesday, July 02, 2008

Sam Israel Update.


Our Hedge Fund Hero Sam Israel is alive and well. He turned himself in this morning to Federal Authorites in Southwick Massachuetts.

Samuel Israel III disappeared early June -- hours before he was supposed to start a 20-year federal prison sentence for bilking investors in his Bayou hedge funds out of $450 million. His sentence, handed down two months ago, also included paying back $300 million.


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