Samuel Israel III, the fugitive hedge fund fraudster, was on the phone with his mother just before turning himself in to the police on Wednesday.
It was just one of the many bizarre aspects of Mr. Israel’s short time on the lam, which came after he faked suicide on the day he was supposed to report to prison to serve a sentence for his role in the collapse of the Bayou hedge fund.
Although some had speculated that Mr. Israel had taken off for some far-flung international hideaway, he didn’t make it very far at all.
After abandoning his car on a bridge near New York, Mr. Israel — who once rented a house from Donald Trump — apparently spent the last four weeks living in a recreational vehicle at a Massachusetts campground, picking up supplies at the camp’s small store.
He made his way around on a Yamaha scooter, which is what he was riding when he surrendered himself early Wednesday in Southwick, Mass.
Reuters’ Dealzone paid a visit to the campground in Granville, Mass., and spoke to a man who claimed to have taken the spot at the campground formerly occupied by Mr. Israel (under the alias David Klapp).
“I’ll be digging some holes to see if he left anything,” the new resident told Dealzone.
Go to Article from The New York Times »
Go to Item from Dealzone »
2008
1:23 pm
well, the REAL story is that Coward Israel truly was gonna committ suicide, but then his pal Sol hatched the plot to fake the suicide and get him up to Connecticutt and (get this !) aboard a yacht owned by another Wall Street pal, who works for a large house, ( I can’t say which one but this story & the house is no “B-S”) and the boat would take him to Canada where he would have a disguise, & phony passport & fly to Israel to hide. And..-that Ulmert & his pals were ok with him coming & they shielding him the authorities because he would pay mega-shekels to Ulmert
Fine.
Let’s see what the justice system does here
— Posted by irving
2008
8:49 pm
I heard that he was going to escape on a rowboat with hired rowers, disguised in a maid’s uniform and a woman’s wig… no, wait, that was Bonnie Prince Charlie.
— Posted by jarret
2008
11:40 am
Hi.. I’m Sam and I’m a fugitive and am here to talk to you about LL Bean’s new line of FugitiveWear ™.
Now the guyz up in Freeport Maine have realized that there is a new kind of outdoor living and have been working to bring you a full line of comfortable, fashionable and durable FlightWare that will meet all your needs, whether hiding out in the woods, sneaking across the border into Canada or just hanging around the gas station in Great Neck waiting for one of the Gottis to fill a pothole with you.
Just go to the back door marked “Exit” in our outlet stores or to the unmarked page on our website. Here’s to staying on the right side of the grass and to our newest bestest friends: the trailer folk at the campsite and Smokey the Bear.
— Posted by Hank