Samuel Israel III
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Samuel Israel III
Samuel Israel III (born July 20, 1959) is an American fraudster and former hedge fund manager for the Bayou Hedge Fund Group, which he founded in 1996. In 2008, Israel was sentenced to 20 years in prison and ordered to forfeit $300 million for defrauding his investors. Early life and education Born into a Jewish family, Israel attended Hackley School in Tarrytown, New York. He does not have a college degree. Career 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 ...
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New Orleans
New Orleans ( , ,New Orleans
Merriam-Webster.
; french: La Nouvelle-Orléans , es, Nueva Orleans) is a Consolidated city-county, consolidated city-parish located along the Mississippi River in the southeastern region of the U.S. state of Louisiana. With a population of 383,997 according to the 2020 U.S. census, it is the List of municipalities in Louisiana, most populous city in Louisiana and the twelfth-most populous city in the southeastern United States. Serving as a List of ports in the United States, major port, New Orleans is considered an economic and commercial hub for the broader Gulf Coast of the United States, Gulf Coast region of the United States. New Orleans is world-renowned for its Music of New Orleans, distinctive music, Louisiana Creole cuisine, Creole cuisine, New Orleans English, uniq ...
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Theme Song
Theme music is a musical composition that is often written specifically for radio programming, television shows, video games, or films and is usually played during the title sequence, opening credits, closing credits, and in some instances at some point during the program. The purpose of a theme song is often similar to that of a leitmotif. The phrase theme song or signature tune may also be used to refer to a signature song that has become especially associated with a particular performer or dignitary, often used as they make an entrance. Purpose From the 1950s onwards, theme music, and especially theme songs also became a valuable source of additional revenue for Hollywood film studios, many of which launched their own recording arms. This period saw the beginning of more methodical cross-promotion of music and movies. One of the first big successes, which proved very influential, was the theme song for '' High Noon'' (1952). Celebrities In the early years of radio and tel ...
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American Greed
''American Greed'' (also known as ''American Greed: Scams, Scoundrels and Scandals'' and as ''American Greed: Scams, Schemes and Broken Dreams'') is an American documentary television series on CNBC. The series focuses on cases of Ponzi schemes, embezzlement and other white collar crimes and features interviews with police investigators, fraud victims and sometimes fraudsters. It was initially created by Mark Hoffman, the President, CEO and Chairman of the Board of Trustees and Directors of CNBC, and it is produced by Bill Kurtis' Kurtis Productions. The program is narrated by Stacy Keach Jr., who was recruited because Kurtis himself was unavailable for that purpose. It premiered on June 21, 2007. Subjects The business-reality program focuses on the stories behind high-profile corporate and white-collar crimes, betrayals, and scams in American history, including the financial scandals involving WorldCom, HealthSouth, Tyco International, and CyberNET. Besides these high-profi ...
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Dateline NBC
''Dateline NBC'' is a weekly American television news magazine/reality legal show that is broadcast on NBC. It was previously the network's flagship general interest news magazine, but now focuses mainly on true crime stories with only occasional editions that focus on other topics. The program airs Fridays at 10:00 p.m. Eastern Time (9:00 p.m. Eastern for special two-hour editions). Special Saturday encore editions also air at 9:00 p.m. (two-hour editions at 8:00 p.m.). Two-hour feature-length editions sometimes air on any given scheduled evening, often to fill vacancies in the primetime schedule on the program's respective nights due to program cancellations. In February 2021, the program aired its first ever docuseries, "The Widower," a five-hour true crime saga about a man who married six women, four of whom died. History Early ''Dateline'' is historically notable for its longevity on the network. The program debuted on March 31, 1992, initially airing only on Tues ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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First Step Act
The First Step Act, formally known as the Formerly Incarcerated Reenter Society Transformed Safely Transitioning Every Person Act, is a bipartisan criminal justice bill passed by the 115th Congress and signed by President Donald Trump in December 2018. The Act enacted several changes in U.S. federal criminal law aimed at reforming federal prisons and sentencing laws in order to reduce recidivism, decreasing the federal inmate population, and maintaining public safety. Procedural history An initial version of the First Step Act, H.R. 5682, was sponsored and introduced by Rep. Doug Collins -GA-9on May 7, 2018. This draft primarily focused on recidivism reduction through the development of a risk and needs assessment system for all federal prisoners. The bill directed the U.S. Attorney General to develop this system along with evidence-based recidivism reduction programs for federal prisoners. Under the bill, prison administrators would use the national risk and needs assessmen ...
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Butner, North Carolina
Butner is a town in Granville County, North Carolina, United States. The population was 8,397 as of the 2020 census. Butner was managed by the state of North Carolina from 1947 through 2007. History A bill passed by the North Carolina General Assembly incorporating the town was signed by Gov. Mike Easley on July 27, 2007. It is the former site of the U.S. Army's Camp Butner, which was named for Major General Henry W. Butner (1875–1937), a North Carolina native. The area around Butner has several state and federal correctional institutions. Geography Butner is located in southwestern Granville County at (36.138298, -78.758828). Interstate 85 passes through the town, southeast of the town center, with access from Exits 186, 189, and 191. I-85 leads northeast to Oxford, the Granville County seat, and southwest to Durham. Butner is bordered to the east by the city of Creedmoor. According to the United States Census Bureau, the town has a total area of , of which , or 0.18% ...
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Federal Correctional Institution, Butner Low
The Federal Correctional Complex, Butner (FCC Butner) is a United States federal prison complex for men near Butner, North Carolina. It is operated by the Federal Bureau of Prisons, a division of the United States Department of Justice. FCC Butner is about northwest of Raleigh, the state capital. It includes the Bureau's largest medical complex, which operates a drug treatment program and specializes in oncology and behavioral science. Among its inmates was Bernie Madoff, who was convicted for perpetrating the largest Ponzi scheme in history. He died at the prison in April 2021. The complex consists of four facilities: * Federal Correctional Institution, Butner Low (FCI Butner Low): a low-security facility. * Federal Correctional Institution, Butner Medium (FCI Butner Medium): a medium-security facility. *Federal Correctional Institution 2, Butner Medium (FCI 2 Butner Medium): a medium-security facility * Federal Medical Center, Butner (FMC Butner): a facility which houses inmate ...
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Granville, Massachusetts
Granville is a town in Hampden County, Massachusetts Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut assachusett writing systems, məhswatʃəwiːsət'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England ..., United States. The population was 1,538 at the 2020 United States Census, 2020 census. It is part of the Springfield, Massachusetts Springfield metropolitan area, Massachusetts, Metropolitan Statistical Area. The town is named for John Carteret, 2nd Earl Granville. History and description Granville was first settled by English colonists in 1736 and was officially incorporated in 1754, after the end of the Indian wars in 1750. Early settlers could get a lot for free, providing they built a house and "put four acres in English hay". Perhaps the most famous resident of that era was Oliver Phelps, whose purchase of in western New York (the Phelps and Gorham Purchase) following the ...
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America's Most Wanted
''America's Most Wanted'' (often abbreviated as ''AMW'') is an American television program whose first run was produced by 20th Television, and second run is under the Fox Alternative Entertainment division of Fox Corporation. At the time of its cancellation by the Fox television network in June 2011, it was the longest-running program in the network's history (24 seasons), a mark since surpassed by ''The Simpsons'', although the program was revived ten years later. The show started off as a half-hour program on February 7, 1988. In 1990, the show's format was changed from 30 minutes to 60 minutes. The show's format was reverted to 30 minutes in 1995, and then back to 60 minutes in 1996. A short-lived syndicated spinoff titled ''America's Most Wanted: Final Justice'' aired during the 1995–96 season. The September following the initial 2011 cancellation, the show's host, John Walsh, announced that it would resume later that year on the cable network Lifetime, where it ran un ...
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Recreational Vehicle
A recreational vehicle, often abbreviated as RV, is a motor vehicle or trailer that includes living quarters designed for accommodation. Types of RVs include motorhomes, campervans, coaches, caravans (also known as travel trailers and camper trailers), fifth-wheel trailers, popup campers, and truck campers. Features Typical amenities of an RV include a kitchen, a bathroom, and one or more sleeping facilities. RVs can range from utilitarian – containing only sleeping quarters and basic cooking facilities – to luxurious, with features like air conditioning (AC), water heaters, televisions and satellite receivers, and quartz countertops, for example. RVs can either be trailers (which are towed behind motor vehicles) or self-propelled vehicles. Most RVs are single-deck; however, double-deck RVs also exist. To allow a more compact size while in transit, larger RVs often have expandable sides (called slide-outs) or canopies that are deployed when stationary. History T ...
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Prison
A prison, also known as a jail, gaol (dated, standard English, Australian, and historically in Canada), penitentiary (American English and Canadian English), detention center (or detention centre outside the US), correction center, correctional facility, lock-up, hoosegow or remand center, is a facility in which inmates (or prisoners) are confined against their will and usually denied a variety of freedoms under the authority of the state as punishment for various crimes. Prisons are most commonly used within a criminal justice system: people charged with crimes may be imprisoned until their trial; those pleading or being found guilty of crimes at trial may be sentenced to a specified period of imprisonment. In simplest terms, a prison can also be described as a building in which people are legally held as a punishment for a crime they have committed. Prisons can also be used as a tool of political repression by authoritarian regimes. Their perceived opponents may be ...
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