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Tuesday, April 16, 2024 | Back issues
Courthouse News Service Courthouse News Service

Bayou Hedge Fund Crook Pleads Guilty Again

WHITE PLAINS, N.Y. (CN) - Bayou hedge fund crook Samuel Israel III pleaded guilty on Monday to failing to surrender last year to start serving his 20-year prison sentence. Israel faked suicide in June 2008 and went on the lam for three weeks. He faces an additional 10 years for that caper. He swiped more than $100 million.

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