Explore Samuel Israel III net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Samuel Israel III? Who is Samuel Israel III dating now & how much money does Samuel Israel III have?
| Name | Samuel Israel III |
| First Name | Samuel |
| Last Name | III |
| Occupation | Businessperson |
| Birthday | July 20 |
| Birth Year | 1959 |
| Place of Birth | New Orleans |
| Home Town | Louisiana |
| Birth Country | United States |
| Birth Sign | Cancer |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Not Known |
| Children(s) | Not Available |
Samuel Israel III Biography
Samuel Israel III is one of the most popular and richest Businessperson who was born on July 20, 1959 in New Orleans, Louisiana, United States.
In 1996 Israel founded the Bayou Hedge Fund Group, which raised $450 million from its investors and for which Israel was CEO. Bayou and Israel misappropriated these funds for personal use, running what would later be revealed as a Ponzi scheme. After poor returns in 1998, the firm founded a dummy accounting firm, which they hired to audit themselves in order to keep up appearances to investors.
In 2005, Bayou was indicted. On September 29, the Commodity Futures Trading Commission (CFTC) filed charges against Bayou, Israel, and Bayou CFO Daniel Marino. The next year, the hedge fund filed for Chapter 11 bankruptcy-court protection.
Samuel Israel III (born July 20, 1959) is an American-born former hedge fund manager for the Bayou Hedge Fund Group, which he founded in 1996.
Samuel Israel III Net Worth
Samuel is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Samuel Israel III's net worth $5 Million. (Last Update: January 13, 2024)
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Businessperson |
| Cars | Not Available |
| House | Living in own house. |
Sentenced in April 2008 to 20 years in federal prison, Israel failed to report to prison as ordered on June 9, 2008. His 2006 GMC Envoy was found abandoned on the Bear Mountain Bridge on June 10, 2008 with the following written in dust on the hood, “Suicide is Painless,” the title of the theme song for both the movie and TV series M*A*S*H. Police suspected that this was an attempt by Israel to fake his own death in order to avoid prison. Israel’s girlfriend, Debra Ryan, was arrested later that same month for aiding and abetting his escape, and was released on bail. Under intense questioning, Ryan admitted to helping him escape, and that she and Israel parked an RV loaded with Israel’s belongings near Bear Mountain Bridge on the day before his disappearance. The pair were featured on America’s Most Wanted.
On April 14, 2008, Israel was sentenced to 20 years in prison and ordered to forfeit $300 million after pleading guilty to defrauding investors in his now-bankrupt firm.
Ethnicity, religion & political views
Many peoples want to know what is Samuel Israel III ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Samuel Israel III's ethnicity is Not Known. We will update Samuel Israel III's religion & political views in this article. Please check the article again after few days.
Israel was eventually tracked down to a campground in Granville, Massachusetts, and surrendered to authorities on July 2, 2008. As a consequence, he was further sentenced on July 15, 2009, to an additional two years in prison while his girlfriend was sentenced to three years’ probation. Israel is serving his sentence at Federal Correctional Institution, Butner Low in Butner, North Carolina; his earliest possible release date is September 12, 2027.
Who is Samuel Israel III Dating?
According to our records, Samuel Israel III is possibily single & has not been previously engaged. As of January 13, 2024, Samuel Israel III’s is not dating anyone.
Relationships Record: We have no records of past relationships for Samuel Israel III. You may help us to build the dating records for Samuel Israel III!Height, Weight & Body Measurements
Samuel Israel III height Not available right now. Samuel weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
A Dateline segment about him aired on September 5, 2008. Israel is the subject of the “Suicide is Painless” episode of American Greed on CNBC, first broadcast on February 3, 2010.
Facts & Trivia
Samuel Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Samuel Israel III celebrates birthday on July 20 of every year.
What did Samuel Israel do?
NEW YORK (Reuters) – The ailing former Bayou hedge fund manager Samuel Israel has lost his bid for an early end to his 22-year prison sentence for running a $450 million fraud, as a U.S. judge found it would make a “mockery” of federal sentencing laws to set him free.
Where is Sam Israel?
Israel is serving his sentence at Federal Correctional Institution, Butner Low in Butner, North Carolina; his earliest possible release date is September 12, 2027.
You may read full biography about Samuel Israel III from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVfqK6uwcSlZKKropayrXnIoqBo