Posted on 09/06/2008 2:01:40 PM PDT by TigerLikesRooster
Mystery of the missing millionaire
Samuel Israel III was living the good life with other people's money — playing a dangerous game, with staggeringly high stakes
By Dennis Murphy Correspondent
NBC News
updated 7:51 p.m. ET Sept. 5, 2008
This report aired Dateline Friday, Sept. 5, 10 p.m.
Dennis Murphy Correspondent
NEW YORK CITY - No one knows for sure why the story of Sam Israel III found its way to Bear Mountain Bridge. Israel a millionaire living the high life. He had a boat, a nice house, and some cars.
Suddenly, he was at the center of a mystery high up above the Hudson River. High noon, one bright spring day, Wall Street financier Sam Israel was gone.
(Excerpt) Read more at msnbc.msn.com ...
Ping!
Never put your money in something, that represents something, if it sounds to good to be true it is. Sort of like buying a gold investment, better go to the bank and buy the real stuff.
Saw the story on this last night.
It seemed like a classic Ponzi scheme, having little to do with current economic conditions.
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