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Old 06-20-2008, 03:31 PM   #1
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Hedge Fund Swindler on Lam in Class C Coach
RV Business
Friday, June 20, 2008

Hedge fund swindler Samuel Israel III is allegedly on the run in a Class C motorhome after staging his suicide to avoid jail time.

According to the Associated Press, his girlfriend, Debra Ryan, was part of the scheme and was arrested Thursday (June 19) and charged with helping him elude his sentence on the day he was supposed to begin serving 20 years in prison.

Federal agents said Thursday that Israel took off in a white recreational vehicle identified as a Coachmen Freelander minimotorhome carrying a motor scooter and his belongings. Officials said he might be at RV parks, campgrounds or highway rest areas, possibly using the names Sam Ryan or David S. Clapp.

On Thursday, Ryan acknowledged that she helped Israel attach a motor scooter to the back of an RV and pack the vehicle with his belongings, according to the complaint.

She told authorities that on the day Israel was to surrender, she drove her car and he drove the RV to a rest area about 55 miles north of New York City. Israel parked the RV there, and the two drove back to their home, the complaint says, quoting Ryan.

The complaint had no other information about what happened later that day.

Israel, 48, was supposed to turn himself in to prison officials June 9 but never showed up. Authorities say he abandoned his sport utility vehicle on a Hudson River bridge, with the ominous words "Suicide is Painless" etched in dust on the hood to make it appear he had jumped and then disappeared.

No body was found beneath the 150-foot-high bridge, and authorities said they believed the scene was yet another of Israel's scams.
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Old 06-20-2008, 03:31 PM   #2
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Copied and pasted from RV Business:


Hedge Fund Swindler on Lam in Class C Coach
RV Business
Friday, June 20, 2008

Hedge fund swindler Samuel Israel III is allegedly on the run in a Class C motorhome after staging his suicide to avoid jail time.

According to the Associated Press, his girlfriend, Debra Ryan, was part of the scheme and was arrested Thursday (June 19) and charged with helping him elude his sentence on the day he was supposed to begin serving 20 years in prison.

Federal agents said Thursday that Israel took off in a white recreational vehicle identified as a Coachmen Freelander minimotorhome carrying a motor scooter and his belongings. Officials said he might be at RV parks, campgrounds or highway rest areas, possibly using the names Sam Ryan or David S. Clapp.

On Thursday, Ryan acknowledged that she helped Israel attach a motor scooter to the back of an RV and pack the vehicle with his belongings, according to the complaint.

She told authorities that on the day Israel was to surrender, she drove her car and he drove the RV to a rest area about 55 miles north of New York City. Israel parked the RV there, and the two drove back to their home, the complaint says, quoting Ryan.

The complaint had no other information about what happened later that day.

Israel, 48, was supposed to turn himself in to prison officials June 9 but never showed up. Authorities say he abandoned his sport utility vehicle on a Hudson River bridge, with the ominous words "Suicide is Painless" etched in dust on the hood to make it appear he had jumped and then disappeared.

No body was found beneath the 150-foot-high bridge, and authorities said they believed the scene was yet another of Israel's scams.
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Old 06-21-2008, 06:56 AM   #3
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while it is easy enough to change, the license plate on his RV is:

New York EEN-5973
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Old 06-23-2008, 02:11 PM   #4
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Wouldn't want to be driving a Coachman Freelander that was somewhat similar in appearance to the one he took off in. I can just see some poor couple getting pulled over by the cops thinking its this tardball....
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Old 06-23-2008, 04:47 PM   #5
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He's probably parked in a WalMart someplace north of Nashville - trying to save a few bucks.
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Old 07-02-2008, 09:39 AM   #6
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They caught the guy today in Southwick, Mass.
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Old 07-03-2008, 06:40 AM   #7
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The report on the news last night said he'd turned himself in.
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Old 07-03-2008, 07:40 AM   #8
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Once again we see that being on the run is not all it's cracked up to be.
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