Meet Samuel Israel III. Born into one of the world’s richest families, he rose to the top of Wall Street in the 1980s amid insider trading, drugs, and vice. Founder of the Bayou Hedge Fund Group, which collapsed in 2005, he became synonymous with one of the largest Ponzi frauds in Wall Street's history. But as his fund faced ruin, his story took an astonishing twist. Based on three years of interviews in prison with Israel, acclaimed Rolling Stone journalist Guy Lawson reveals how the conman was himself conned.
Convinced by an ex-CIA operative that a secret bond market existed, Israel wired his investors last $150 million to London and became the target for the strangest swindle in history. From city bank vaults full of US treasury bonds to staged murders in Hamburg, Lawson narrates how the crooked trader lost his grip on reality as he was drawn into an incredible web of conspiracy theory and fraud. A labyrinthine tale of unchecked greed and corruption, this is the most thrilling true story you will ever read.
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