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Pastimes : Suicide is painless?

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To: SI User who wrote (4)8/2/2008 12:36:49 PM
From: SI User   of 5
 
Dear Mr. Israel, God Runs AAA. Triple A is Painless; Scooter Loss Is Painful

Wall St. Swindler Loses Scooter
By Thomas Zambito

Daily News Staff Writer

Monday, July 28th 2008, 10:11 PM

Hand over the scooter, Sam.

The Feds want the blue motorscooter Wall Street swindler Samuel Israel zipped around in while on the run after his staged suicide on the Bear Mountain Bridge.

And they want the 2007 white RV he used as a hideout before his mother persuaded him to turn himself in to federal marshals.

Manhattan Federal Judge Colleen McMahon signed a preliminary order yesterday demanding Israel forfeit the scooter and RV, as well as a Tiffany watch and $932 in cash that Israel was carrying when he was arrested on July 2 in Southwick, Mass.

They will be sold. Any proceeds will go toward defraying the $150 million Israel owes in restitution.

Israel, 48, pleaded guilty in 2005 to masterminding a $450 million hedge fund scam, but bolted on June 9 - the day he was to start his prison sentence.

The phrase "Suicide Is Painless" was scrawled in dust on the hood of Israel's SUV, which was abandoned on the bridge that connects Westchester and Rockland counties.

tzambito@nydailynews.com

nydailynews.com
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