Samuel Israel III
- January 10, 2024
- Businessperson
Quick Facts
| Full Name | Samuel Israel III |
| Occupation | Businessperson |
| Date Of Birth | Jul 20, 1959(1959-07-20) |
| Age | 65 |
| Birthplace | New Orleans |
| Country | United States |
| Birth City | Louisiana |
| Horoscope | Cancer |
Samuel Israel III Biography
| Name | Samuel Israel III |
| Birthday | Jul 20 |
| Birth Year | 1959 |
| Place Of Birth | New Orleans |
| Home Town | Louisiana |
| Birth Country | United States |
| Birth Sign | Cancer |
Samuel Israel III is one of the most popular and richest Businessperson who was born on July 20, 1959 in New Orleans, Louisiana, United States.
In 1996 Israel founded the Bayou Hedge Fund Group, which raised $450 million from its investors and for which Israel was CEO. Bayou and Israel misappropriated these funds for personal use, running what would later be revealed as a Ponzi scheme. After poor returns in 1998, the firm founded a dummy accounting firm, which they hired to audit themselves in order to keep up appearances to investors.
In 2005, Bayou was indicted. On September 29, the Commodity Futures Trading Commission (CFTC) filed charges against Bayou, Israel, and Bayou CFO Daniel Marino. The next year, the hedge fund filed for Chapter 11 bankruptcy-court protection.
Samuel Israel III Net Worth
| Net Worth | $5 Million |
| Source Of Income | Businessperson |
| House | Living in own house. |
Samuel Israel III is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Samuel Israel III 's net worth $5 Million. (Last Update: December 11, 2023)
Samuel Israel III (born July 20, 1959) is an American-born former hedge fund manager for the Bayou Hedge Fund Group, which he founded in 1996.
Height, Weight & Body Measurements
Samuel Israel III height Not available right now. Saundra weight Not Known & body measurements will update soon.
Who is Samuel Israel III Dating?
According to our records, Samuel Israel III is possibily single & has not been previously engaged. As of December 1, 2023, Samuel Israel III’s is not dating anyone.
Relationships Record : We have no records of past relationships for Samuel Israel III. You may help us to build the dating records for Samuel Israel III!
Facts & Trivia
Saundra Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Samuel Israel III celebrates birthday on July 20 of every year.
What did Samuel Israel do?
NEW YORK (Reuters) – The ailing former Bayou hedge fund manager Samuel Israel has lost his bid for an early end to his 22-year prison sentence for running a $450 million fraud , as a U.S. judge found it would make a “mockery” of federal sentencing laws to set him free.
Where is Sam Israel?
Israel is serving his sentence at Federal Correctional Institution, Butner Low in Butner, North Carolina ; his earliest possible release date is September 12, 2027.