Did this guy fail where Ken Lay perhaps suceeded?...

[cascadiance]

http://www.abcnews.go.com/Blotter/story?id=5058490&page=1

Hedge Fund Manager On The Run; Faked Suicide
Authorities Say Convicted Hedge Fund Manager Likely Faked His Death to Avoid Prison
by RICHARD ESPOSITO
June 12, 2008

Federal Marshals and New York State Police investigators appear certain that disgraced hedge fund manager Sam Israel III faked a suicide plunge earlier this week and is now on the run after failing to report to federal prison to begin a 20 year sentence on Monday, official sources say. Based on new information, it appears Israel "definitely did not jump and is definitely on the run," one well placed source said.

Samuel Israel III, right, arrives at the United States Courthouse in the Manhattan, N.Y. Monday, April 14, 2008. The Bayou Group founder arrived for sentencing after pleading guilty to using fake results and a phony auditing firm to fool investors in the $450 million hedge fund.
(AP Photo/Craig Ruttle)

According to sources, U.S. Marshals and State Police investigators were questioning an individual whose car was recorded by surveillance video at the Bear Mountain bridge where Israel abandoned his GM Envoy. On the hood of his car, written in dust was the message "Suicide is Painless," the theme of the movie and TV series M.A.S.H. However Israel was not seen jumping, and no body has been found.

Israel had pleaded guilty to defrauding his hedge fund investors of $400 million in a Ponzi like scheme, where he used new money to create the appearance of profits for earlier investors. Despite his plea, and cooperation with authorities, and requests for leniency by his attorneys, a federal judge slapped Israel with a stiff sentence and stung him with harsh words.

US District Judge Colleen McMahon said to Israel at his sentencing, "You were, in every meaning of the sense, a career criminal. You ruined lives. Financial fraud, white-collar crimes are every bit as heinous as every other type of crime and they will be punished severely."

...

[yourout]

1. I am not convinced Kenny boy is not lying on a beach living under an alias.

[cascadiance]

2. Yep, I'm betting he's in the Caymans sipping rum drinks...

Right near his fat bank account there...

[thecrow]

5. His facial surgery has healed?

[malaise]

3. We had a thread on this last night

He's gonna get caught. They are already checking a driver who may have helped him fake this. Kenny boy was way better than this moron who ripped off people the same way.

[cascadiance]

4. Sorry I missed the entertainment... Yeah, I'm sure he was inspired by Mr. Lay...

[AndyTiedye]

6. Could Be…