The New York Times discloses that Samuel Israel III failed to show up on Monday, June 9, for his sentence of 20 years in prison. Israel, a former hedge fund manager and co founder of the Bayou Group, received the sentence after cheating his investors out of $450 million. He plead guilty to these accusations in 2005.
On Monday, his sport utility vehicle was found on a bridge over the Hudson River, with the message “Suicide is Painless” etched into the hood. His whereabouts are unknown, and a body has not yet been found.
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