NEW YORK ( CNN ) -- The former hedge fund manager who faked his own suicide to avoid prison time for fraud will spend an extra two years in jail for failing to surrender himself , according to the U.S attorney 's office . Sam Israel tried to get out of serving a 20 year sentenced by faking his suicide . It added two years . Federal Judge Kenneth Karas sentenced Sam Israel III in White Plains , New York , on Wednesday , giving him two more years in addition to his previous sentence . Federal guidelines call for a 12- to 18-month sentence , but Karas noted that Israel 's crime `` took a fair amount of planning , '' and he criticized the former hedge fund manager for `` thumbing his nose at the system . '' The additional sentence will begin after Israel serves his first 20 years for fraud . Israel admitted to authorities in March that he had faked his own suicide to escape his jail sentence . He was supposed to report to a Massachusetts prison in June of 2008 to serve a 20-year sentence for defrauding investors of Bayou Management out of approximately $ 450 million . But he did not show up at the facility . Days later , his sport-utility vehicle was found abandoned on a bridge in upstate New York , with the words `` Suicide is Painless '' -- title of the theme song for the television show `` M.A.S.H . '' -- written in dust on the the hood . Authorities determined the suicide setup was a ruse and launched a major manhunt to find Israel . He turned himself in to law enforcement July 2 , 2008 .
Judge says Sam Israel `` thumbed his nose at the system '' Two-year sentence exceeds federal guidelines . Israel faked his suicide to escape jail sentence for fraud . Hedge fund manager faced 20 years for defrauding investors .