Julian Tzolov No Longer On The Lam

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Bloomberg reports that the Credit Suisse broker who took off in May (though it took officials until June to notice he was missing) has been apprehended and charged with fraud vis-a-vis selling clients subprime mortgages linked to auction-rate securities. In other white collar criminal's on the run news, our favorite fugitive, Bayou manager Sam Israel, has had another two years tacked onto his sentence for what a judge called "thumbing his nose at the system" when he faked his suicide and took off, because apparently we don't reward imagination and creativity up in this piece. For his part, Sammy said that when he was first told he was going to be locked up he made the decision to bail because, "I had trouble accepting the idea that I was spending the rest of my life in prison."

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