Samuel Israel – Hedge Fund Fraudster Who Faked His Own Death And Sparked An International Manhunt

Samuel Israel III He is the hedge fund manager convicted of running a $450 million Ponzi scheme who faked his own suicide in the summer of 2008 to avoid his prison sentence before turning himself in after a worldwide manhunt.

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Hedge Fund Fraudster Samuel Israel (52) is now serving a 22-year sentence for highly sophisticated, often endemic, fraud that still lurks on Wall Street. People who dealt with him are still mystified about the breach of trust and how no one had a clue about his deception until it was too late. “Everyone cheats,” he said as a matter of fact. “I’m not a liar,” he insisted, affably. “I became a liar.”

Samuel Israel III (52) – hedge fund manager convicted of running a $450 million Ponzi scheme who faked his own death in the summer of 2008 to avoid his prison sentence before turning himself in after international manhunt. This all got hedgie even longer prison sentance.

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