'Suicidal' Trader Feared 'Armed & Dangerous'
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An abandoned 2006 GMC Envoy sport utility vehicle belonging to Israel was found Monday on the Bear Mountain Bridge, which spans the Hudson River north of New York City. Written in dust on the windscreen were the words: 'Suicide is painless'. Police believe that this 'suicide' was, indeed, painless as Israel is thought to have merely legged it, rather than jumped the 175 feet to the river bed and his death.
A police spokesperson told The New York Post earlier this week that 'we're not searching (the river), because it's widely presumed that he didn't jump'. Ross Intelisano, a lawyer engaged by investors who were duped of $25m, said: 'Unless they find a body, I think he's on the lam'. Technically speaking, however, it is possible for Israel to have taken his own life. Bloomberg quotes New York State Police Senior Investigator Bruce Cuccia, who said that bodies do take as long as a week to float to the surface of the Hudson. According to the news agencies sources, four people have killed themselves by jumping off the bridge in the last 6 years. A jumper faces certain death.
The US Marshals Service in Manhattan has issued a 'wanted' poster for Israel, describing the 200lb, 5ft 11 inch hedge fund manager as 'considered armed and dangerous'.
Interestingly, Bayou CFO, Daniel Mauro, posted a suicide note and confession on the office door a couple of years back, when he realized the jig was up. He was later found alive and well, and received a 20-year prison term too for his troubles.
The disappearance of Israel comes just a couple of weeks after the suicide of hedge fund manager Kirk Wright, who hanged himself in prison after being found guilty of defrauding his investors. He was awaiting sentence.
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