Wednesday, July 2, 2008

Update: Hedge fund Manager turns himself in

On June 11, we reported that Samuel Isreal III failed to report to jail for fraud convictions, and his car was found abandoned on a bridge over the Hudson River.

The New York Times reported that Israel turned himself in to the local jail in Southwick, Massachusetts, according to authorities on Wednesday, July 2. He will be transported back to Ayers, Massachusetts, where he will likely serve out his sentence of twenty years in prison.

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