Hedge Fund Swindler's Girlfriend Hit With House Arrest

Exactly a year after swindler Samuel Israel III disappeared, the girlfriend who helped him has been sentenced to four months of home confinement.

Photo source: istock

Debra Ryan of Armonk, N.Y., admitted in February that she helped Israel pack his belongings into an RV so he could go on the lam last June 9.

He was supposed to start a 20-year prison sentence that day for fleecing millions of dollars from investors in his Bayou hedge funds.

Israel faked his suicide by abandoning his SUV on a Hudson River bridge. He then took off in the RV and avoided capture for nearly a month before surrendering. He has pleaded guilty and is awaiting sentencing.

Judge Kenneth Karas sentenced Ryan, 46, on Tuesday in White Plains.