Feds: Missing NY swindler armed and dangerous

WHITE PLAINS, N.Y. — Federal marshals in New York have issued a "Wanted" poster that says a missing hedge-fund swindler should be considered "armed and dangerous."

A car belonging to Samuel Israel III was found Monday on a bridge over the Hudson River, with "Suicide is Painless" etched into the dust on the hood. But no body has been found, and investigators believe Israel may be on the lam.

He was supposed to start a 20-year prison sentence Monday for bilking investors out of $450 million in hedge funds.

The poster does not explain why Israel is considered dangerous. A call to the marshals office was not immediately returned on Thursday.

Comments

[SwingingFromCenter]

Armed and dangerous?

Translation: We can't find him, so we're gonna use fear to try and get someone to turn him in.

The man is already on a beach in Belize drinking mai tais if he's smart--and nothing suggests that he's not. He's gone. Non-extraditable.

[MJD615]

Glad the Judge didn't remand him. After all, you can only escape if you are given bail. Another bright decision made by a judge.

[midtown]

Check Tel Aviv.

[olgraydawg]

Hmmm, Ken Lay just suddenly died, with you'd think the kind of health care plan his workers could not afford. This Israel guy's all despondent over taxes or sumpn. Paraguay's worth looking into, lots of land or plantations for sale. Nice neighbors too, I would think, the kind who wont bother you for loose change or that...The Carlyle Gruppen fir dist hommenladz might be able to chart a path thru pesky customs, interpol and other annoyances. Dubai's looking better as well. Friendly shakes (sic), willing females who are extemely motivated at the chance to reacquire their passports and retun to some dignity as was promised by Bechtel, Halliburton, KBR, Blackwater, BP, Mobil, Gulf, AIPAC and the Cuban exiles. Hell, 450 million just doesn't go nearly as far in a country where the bloodsucking union workers want ts actually shop for groceries than accept what the food shelves hand them...Ungrateful bloodsuckers.

[ched]

Suicide, my as*. Anyone that greedy isn't capable of the self-examination necessary to off himself. He's in S. America, Israel, or Asia, living it up.

[SaskiaStars]

Paraguay, anyone?

[kylie]

Sounds like Israel had a little help from some influential friends.(Wink, wink!)

Anyone heard from Ken Lay?

[KillTheMessenger]

And I thought he was dead. ;-)

[KarateKid]

Maybe he went to live with Robert Vesco in Cuba. Living the rest of his life on the run may be just punishment. He's going to be looking over his shoulder, won't be able to live an attention attracting lifestyle, won't be able to touch most of his money without attracting attention, and he will be in prison, of sorts, anyway. His "freedom" will be a mere technicality. It will save the taxpayers the money to feed, clothe and house this scumbag.

Say he hid the money in a numbered, Swiss bank account. That means he would have had to escape to Europe, and I guarantee you he would get caught easily if he tried to access his ill gotten fortune.

[calgary]

With his money, he can buy a 3rd world country and live there for the rest of his life.