Judge could give hedge swindler more than 18 months for skipping out on prison

Chicago Tribune – The judge who is sentencing hedge-fund swindler Samuel Israel III for skipping out on prison may want to make an example of him.

Israel admitted in March that he faked his suicide and jumped bail last year rather than begin a 20-year sentence for bilking investors in his Stamford, Conn.-based Bayou funds.

He finally surrendered to police in Southwick, Mass.

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