He says Sam ' ` ` thumbed his nose at the system '' 20 - year sentence exceeds federal probation . Israel admitted to authorities in March that he had faked his own suicide to escape his jail sentence . Israel faked his suicide to escape jail time for fraud . Hedge fund manager faced 20 years for misleading investors .
He says Sam ' ` ` thumbed his nose at the system '' 20 - year sentence exceeds federal probation . Israel faked his suicide to escape jail time for fraud . Hedge fund manager faced 20 years for misleading investors .