Samuel Israel Competent to Plead Guilty
Tuesday, March 3, 2009 : PermalinkHedgeFund.Net – Samuel Israel III, the Bayou Group founder who led the FBI on a merry chase after failing to show up to serve his prison term, has recovered sufficiently to plead guilty to escape, a federal judge said last week.
But Israel still hasn’t pleaded guilty as the proceeding was delayed until March 16, to give the convicted ex-hedge fund manager more time to talk to his lawyers, according to news reports.
Tags: fbi, federal judge, group-founder, hedge-fund-manager, israel, lawyers, merry chase, news reports, prison-term, proceeding
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