New York hedge-fund swindler's girlfriend arrested on new charge

Published Wednesday January 14th, 2009

THE ASSOCIATED PRESS

WHITE PLAINS, N.Y. - Police say the girlfriend of hedge-fund swindler Samuel Israel tried to send him $300 in jail. She already was accused of helping him skip out on a prison sentence.

County police spokesman Kieran O'Leary said Wednesday the cash was "secreted in the pages of a magazine" mailed to Israel last month at the Westchester County jail.

He said the magazine was traced to the girlfriend, 45-year-old Debra Ryan of Armonk, N.Y., and she was arrested Friday. Prisoners are not permitted to receive cash.

The arrest was first disclosed Wednesday in federal court.

Ryan pleaded not guilty to the original charge, that she helped Israel go on the lam rather than begin his 20-year prison sentence last June.

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