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(?) suicide of hedge fund trader Sam Israel III
Posted: Saturday, August 13, 2011

Posted: 6/12/2008 2:32:14 PM

By: PS

Don't hire an "asset recovery" specialist, as they are almost always scam artists looking to fleece the last pesos from desperate victims.

He can flee to a country that doesn't have an extradition treaty, but in those nations the paltry sum of $5,000 can purchase the services of one (or a gang) who can employ the ultimate extrajudicial remedy.

Prison is too good for scam artists. Prefer that tires full of gasoline be placed around their necks and lighted for all to see on national television. That's why it always warms my heart to hear about some scam artist shot, tortured, etc. Do that enough and a message will go out to the rest.

Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 6/12/2008 9:33:07 AM

By: xxx

for those in the know or those searching for Sam israel III, his suicide could be a fake. if he had a second or third passport ( e.g. Uruguay ( cost is about USD 100,000 legally), or Israel ( easy to obtain if Mr. Israel was of the Jewish faith)) when alive. he could flee the country and re- surface under an assumed name overseas. do not assume he committed suicide until you produce the body. if he read any titles at ( new identity,how to start over,etc) he could flee the country. he could also have assets overseas and move money in small amounts in advance to have money waiting for him. he could easily travel to countries like Bulgaria, Thailand, or Crimea region where they do not watch CNN everyday. he would keep a low profile,etc. Even Brazil or Vanatu do NOT have extradition on things like "insider trading". it is not on their law books as yet( circa year 2000). it is not to flee. get a good private investigator (PI). don't assume he is dead. produce the body.thank you for wishes

Posted: Saturday, August 13, 2011

Posted: 6/13/2008 10:16:36 AM

By: Don't follow your logic

Are you suggesting that the amount of money that the victim has should matter in sentencing? If so, that is quite a remarkable rationalization.

Whether somebody steals $1 million from a retiree who only had $1 million in his savings acount or $1 million from Bill Gates should not matter in either the criminal liability or the sentencing.

Posted: Saturday, August 13, 2011

Posted: 6/13/2008 8:33:13 AM

By: Agree 100%

Not defending slimeballs... They should do time. But the US legal system has lost all sense of proportionality. Steal the last $100 from your poor grandma, and you get a slap on the wrist; steal $1 million from a billionaire and you get 20 years. You'd be better off dealing crack on the street corner than stealing money, filing erroneous securities filings or being a tad aggressive on taxes.

When the last American has been incarcerated, someone please turn out the lights.

Posted: Saturday, August 13, 2011

Posted: 6/12/2008 10:41:43 PM

By: Don't Agree

"He should have been hit with three to five max."

Too bad he wasn't tried in China where they would have done the right thing: A bullet to the back of the head.

Anybody who steals millions ought to do at least a couple of decades of hard times, at a minimum. The scam artists will of course disagree.

Posted: Saturday, August 13, 2011

Posted: 6/12/2008 5:08:39 PM

By: akiva bernstein

I think he did the right thing.It gave him 24 hours and how would you act facing 20 years.Ya he is a slime ball ,dirt bag !!The US justice system is nuts.He should have been hit with three to five max.

Posted: Saturday, August 13, 2011

Posted: 6/12/2008 2:50:33 PM

By: Bubba

Hiding a good ol' boy from Louisiana in the 'burbs of Crimea is like trying to hide an elephant inside a box of Cracker Jack... It just won't work.

Posted: Saturday, August 13, 2011

Posted: 6/20/2008 9:57:32 AM

By: bombshell

seems like the suicide is ruled out by the authorities until the body shows up one way or the other...The grilfriend has some compelling evidence that this guy is still alive...Just needs to be located

Posted: Saturday, August 13, 2011

Posted: 6/14/2008 2:49:49 PM

By: justliliolme

Sentence is a moot point when it's so easy to flee to Dubai or Israel or Uraguay or Montenegro or Latvia, etc. These places are chock full of fugitives, living and scamming scott-free from persecution. I'm sure he's settling into a new life somewhere with a new identity.

And the interesting part is, despite the twenty year sentence, unless he left some really obvious clue, no one will go after him. The only way he'll ever be caught is if some victim becomes a total pain-in-the-butt squeaky wheel, finds him, and basically hands him to LE on a silver platter.

If someone is looking, try South Korea. MASH, Korean War, just an idea. Suicide (of their true identity) really is painless for these guys. It's Where Is Waldo now.

Posted: Saturday, August 13, 2011

Posted: 6/13/2008 10:39:29 AM

By: 20 Years for $100?

If the sentence should be the same for the amount of money involved ($1 million = 20 years), whether the bilked investor is Bill Gates or a poor Grandma, then what about the crook who steals $100 from someone who is more in need of that than the billionaire is in need of his $1 million?

You don't see people going away for 20 years for clubbing their grandma for $100. I say give the guy 5 years and put him on a VERY LONG probation, making him work to pay off the jilted investors.


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