Suicide or Prison?
Are you an Employer?    Attract the Best Candidates with Smart Job Postings! Search Legal Resumes
Legal Jobs Board for Attorneys, Law Students & Legal Staff | Serving USA & Other Countries | LawCrossing

Need Help? Call (800) 973-1177 

Job Seeker Login   Employer Login 

Job Seekers?  Try it Now  

ATTORNEY JOBS
LAW STUDENT JOBS
LEGAL STAFF JOBS
Download LawCrossing Online Apps: Click here  
1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
See Law Jobs We Have Recently Researched and Located for You
What Where
Show Recruiter Jobs  

Show Refreshed Jobs  



Search in Job Title Only
Job Type:
Employer Type:

+ Browse Legal Jobs     + Advanced Search     + Search Tips     + Upload Legal Resume
  • Legal Daily News Feature

Suicide or Prison?


by      
Printable Version PDF Version Email to a Friend
Subscribe to LawCrossing  
 Share on Facebook
 Twitter

Like LawCrossing on Facebook


06/11/08

On June 9, 2008, Samuel Israel III was supposed to begin his 20-year prison term for fraud, stemming from his conviction when he served as CEO of a now-defunct hedge fund named Bayou Management.

But now he's gone missing and possibly has committed suicide. The New York state police found his car parked on a bridge with keys in the ignition. The bridge crosses the Hudson River at one of the Hudson's deepest points. Written in the dust on the car's hood was the sentence "Suicide is Painless," which is the name of the M.A.S.H. theme song. No body has been discovered.

Bayou claimed it had more than $400 million in assets when it folded back in 2005. But when it closed its doors, investors found an empty office and a suicide note (which turned out to be false). The investigation found that investors lost that more than $400 million, and Israel and a partner pleaded guilty to conspiracy and fraud in 2005.

For some reason the judge let Israel go free until June 9 of this year, when Israel was supposed to surrender to start his prison sentence.

Any guesses as to where he is now? In the Hudson River or in Mazatlan or Cuba or any number of places? NBC is reporting surveillance cameras possibly show another car pulling up next to Israel's car and maybe someone getting into it.

It seems most likely that Israel has snookered another group of people — law enforcement, so far — though that may well change if they catch him. Or if they drag his body out of the Hudson River. Regardless, this definitely is not the best way to handle a conviction.

If this article has helped you in some way, will you say thanks by sharing it through a share, like, a link, or an email to someone you think would appreciate the reference.



Facebook comments:



Featured Testimonials

What I like the best about LawCrossing is the number of job postings on the site.
Trent

Facts

LawCrossing Fact #31: LawCrossing provides superb customer service via telephone during normal business hours, in addition to email correspondence.


total jobs
68,773
Upload Your Resume
New Legal Jobs in Last 7 Days
18,646
Job of the day

Contract Attorney in Houston, TX
USA-Houston
Waterborne Contract Negotiator Candidate will have significant exposure to trading, scheduling, and confirmations. Resp...

apply for free
 
job search tip
Getting a job isn't rocket science. It isn't brain surgery. But it does take time, effort, and commitment. You have what it takes to get any job you want. Believe in yourself.

Your privacy is guaranteed. We will never give out, lease, or sell your personal information.


Shoot for the moon. Even if you miss it, you will land among the stars.