Results tagged “checkkiting”

After two and a half months sharing a seven-and-a-half-by-eight-foot concrete cell at the Metropolitan Correctional Center, accused con man Raffaello Follieri will plead guilty tomorrow to federal charges of wire fraud and money laundering, the AP reports. The Italian entrepreneur was supposedly dumped by Anne Hathaway the night before his arrest; friends of his have since suggested that Hathaway—who had been involved with Follieri's foundation—may have lured Follieri back to New York from Italy to get the feds off her own back. With the plea deal, Follieri faces up to six and a half years in prison. Next month's Vanity Fair has a long juicy article about his nose-dive, and by the end you just might catch yourself feeling a tiny bit sorry for the guy. Crazy, right?

Raffaello Follieri, the alleged con man who’s been charged with 11 counts of fraud and money laundering, has been languishing in a 7½-by-8-foot cell at the Metropolitan Correctional Center for a month since his arrest. To make matters worse, his ex-girlfriend Anne Hathaway refuses to speak with him, and his longtime adviser and attorney Marty Edelman may testify against him. (Not a war-time consigliere.) A friend of Follieri – he still has one, at least – tells the Daily News, “Raffaello is doing very badly. He says people are abusing him. He’s a broken man.”

The tabloids are milking the schadenfreude out of the scandal surrounding Anne Hathaway’s ex-boyfriend Rafaello Follieri, who’s been charged with 12 counts of fraud for allegedly conning investors out of millions by posing as the Vatican’s financial manager, promising that his connections would let him up snatch up Church property for a song. Bail was set at $21 million, with the judge requiring an additional guarantee from five financially responsible persons.

Scandalous details have emerged from yesterday’s arrest of Italian socialite Raffaello Follieri, who was dragged into federal court on a 12-count complaint that includes charges of wire fraud conspiracy and money laundering. The allegations could net him nine years in jail, and because of that bail was set at $21 million, “to be secured by $16 million in cash and property and guaranteed by five financially responsible persons,” according to the Times. Follieri was also compelled to turn over all travel documents and will have to wear a tracking anklet when he leaves his apartment, but there must be a way to get it cast in gold and engraved with his monogram.

We know from reading our Daily Mail that Hollywood starlet Anne Hathaway broke up with disgraced Italian businessman Raffaello Follieri last week, and not a moment too soon: Follieri has just been arrested (again!) on wire fraud conspiracy and money laundering charges. Earlier this month, the state attorney general’s office acknowledged an investigation into Follieri and his foundation; there is speculation that he misappropriated funds from charity in order to subsidize a lavish lifestyle with Hathaway.

More trouble for Raffaello Follieri, the fiancé of “Devil Wears Prada” star Anne Hathaway; Attorney General Andrew Cuomo is investigating the Follieri Foundation, a charity headed by the 29-year-old Italian businessman. The Post has it that Cuomo’s office has subpoenaed financial documents belonging to the Manhattan-based foundation, which is involved with vaccinating children in developing countries, among other things.

Anne Hathaway's boyfriend surrendered to the police at the Midtown North station house to face check kiting charges. The Post reports that Raffaello Follieri's $215,000 company check bounced--and the account only had $39.98 in it.