Hathaway’s ex heads to prison
Hopefully this will be the end of the drama for poor Anne Hathaway, who made the mistake of getting swindled by an Italian businessman with whom she’d been romantically involved. The two split weeks before his arrest by the FBI earlier this summer.
In a plea deal, he will not appeal any sentence of up to five years and three months in prison for wire fraud, money laundering and conspiracy. He admitted “misappropriating” at least $2.4 million in investor funds. The sentencing is scheduled Oct. 3.
“I knew what I was doing was wrong,” he told U.S. District Judge John G. Koeltl in Manhattan. He has been in jail since his June 24 arrest, unable to make $21 million bail.
Prosecutors said he used the ill-gotten gains to fund his jet-setter lifestyle, including a $37,000-a-month penthouse suite at Trump Tower. Investigators found a letter from Vatican Cardinal Angelo Sodano ordering him to stop presenting himself as a Vatican representative, dated March 2006.
Part of the deal requires Follieri to give back more than $2 million in cash, jewelry and watches. Additional restitution is expected.
Outside court, Follieri’s lawyer, Flora Edwards, told CBS radio her client had become overwhelmed.
“As with many people, he got sidetracked by the need to adopt a lifestyle he couldn’t maintain,” Edwards said.
The lord forgives all sins, but I wouldn’t go asking for any plenary indulgence here, Raffaello.
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