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Feds: Crooked Executive Didn't Kill Himself

June 18, 2008 RSS Feed Print

The mystery surrounding the whereabouts of financial fraudster Samuel Israel III deepened Monday, as the feds officially ruled out suicide.

Israel's abandoned vehicle was found on a bridge in New York State—with the phrase "Suicide is Painless" written on it—on the very same day he was supposed to begin serving his 20-year prison sentence for fraud and conspiracy.

From the Associated Press:

U.S. Marshal Joseph Guccione said Monday that investigators now consider the case of Samuel Israel III to be solely a fugitive investigation.

Israel's car was found a week ago on a Hudson River bridge.

Federal marshals issued a wanted poster Thursday for the man convicted of cheating investors out of $450 million in his Bayou hedge funds. They said he should be considered armed and dangerous.

Tags:: suicide,; prison sentences,; fraud

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Oh, so what?
Why is this item taking up print space? This is nothing more than the sniveling banter of a petty government agent of a even pettier government agency trying to garner face time before the public.
Big deal; they xeroxed some kind of wanted poster. Did they post it along the Hudson near where the car was found by a real police department? No, of course not. They call a press confrence. Most probably to plead for higher funding from Congress for more work they don't do with idiots for personnel.
Please fill these pages with news and information, not political dribble from useless government agencies.

William A. Gavin of VA 11:06AM June 18, 2008

The Collar

Luke Mullins is an associate editor at U.S. News, covering banking, real estate, and white-collar crime. He came to the magazine from the American Banker, a financial services daily newspaper, after a stint in the Peace Corps in West Africa and 18 months coaching baseball in the Dominican Republic. Mullins earned a master's degree in journalism from Syracuse University in 2005 and now lives in Washington, D.C., where he grew up. He has written about white-collar criminals for the American magazine, and his work was included in 20 Something Essays by 20 Something Writers: The Best New Voices of 2006, a Random House anthology that appeared on the Boston Globe's bestseller list.

Feds: Crooked Executive Didn't Kill Himself

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