Judge in NY scolds hedge fund scammer who ran away (AP)

July 6, 2008 in Hardware, Mobile and Wireless, Technology

Fugitive investor Samuel Israel leaves U.S. District Court in Springfield, Mass., after turning himself to authorities on Wednesday, July 2, 2008. Israel walked into the police station in Southwick, Mass., Wednesday morning and said he was a fugitive wanted by the federal government, officials said. Israel disappeared June 9 just hours before he was to report to prison in Massachusetts to begin serving a 20-year sentence handed down in April for his role in the collapse of the Bayou hedge funds.  (AP Photo/The Springfield Republican, Christopher Evans)AP - A hedge fund cheat who tried to fake his own death and spent nearly a month as a fugitive told a judge Thursday that he really did try to commit suicide while on the run, saying he thought it would be better to do himself in than turn himself in.


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