Friday, August 8, 2008

NY stock-swindler's plea in faked suicide delayed

In this April 14, 2008 file photo, Samuel Israel III, founder of the Bayou Group hedge funds, arrives at U.S. District Court in New York. Israel, accused of faking his own suicide to avoid going to prison, tried to plead guilty Wednesday, Aug. 6, 2008 for going on the lam, but his case was postponed for six weeks after he told the judge that his drug therapy was affecting his ability to think clearly.  (AP Photo/Craig Ruttle, File)
AP - Wed Aug 6, 3:10 PM ET
WHITE PLAINS, N.Y. - A hedge-fund swindler accused of faking his own suicide tried to plead guilty Wednesday for going on the lam, but his case was postponed for six weeks after he told the judge that his drug therapy was affecting his ability to think clearly.

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