BUSINESS

Samuel Israel III, Convicted Hedge Fund Manager, Still Missing

06/19/2008 05:12 am ET | Updated May 25, 2011

June 11, 2008 -- A hedge-fund manager due to begin a 20-year prison stint for a $450 million fraud abandoned his SUV on a Hudson River bridge with "Suicide is Painless" written in dust on the hood - but authorities strongly suspect he tried to fake his death.

"We're not searching [the river] because it's widely presumed that he didn't jump," said a police source about Samuel Israel III, who was being sought by the FBI and US Marshals yesterday.

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