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Sam Israel Steals $450 Million, Fakes Suicide, Gets Arrested

knowmoremedia.com » 2008 » July » 2nd » Sam Israel Steals $450 Million, Fakes Suicide, Gets Arrested

Tagged: news, media, economy, investing, fraud, sam israel

All in a month's work? Samuel Israel, a bigtime hedge fund business leader, was convicted and sentenced a few weeks ago for swindling $450 million from his customers. So he did the logical thing. He faked his own suicide and hid. And of course that wasn't very fun. So today Sam Israel surrendered to Massachusetts police. Cue the O'Jays. Okay, actually ... cue the MASH theme. That's right - … Continue Reading »

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