Tuesday, July 1, 2008

Bail Set at $21M for Hathaway's Ex

NEW YORK (June 25) - An Italian businessman who once dated actress Anne Hathaway was arrested Tuesday on charges he posed as a representative of the Vatican to fleece wealthy investors in a real estate company that sought to buy and redevelop Roman Catholic Church property.

Bail was set at $21 million for Raffaello Follieri. Federal prosecutors said they have "overwhelming" evidence that he improperly spent up to $6 million from investors, much of it on a lavish lifestyle, including privately chartered jet travel with his girlfriend and others, expensive meals and clothing and a posh Manhattan apartment.

An angry Follieri repeatedly interrupted his lawyer at a court appearance to tell her what to say. He shook his head at times and, as a prosecutor accused him of owing various debts, called out: "We paid that."

More HERE.

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