Published: 10:19AM Friday October 24, 2008
Source: Reuters
An Italian businessman who dated Hollywood actress Anne
Hathaway, made a deal with supermarket mogul Ron Burke and
exaggerated ties to the Vatican, was sentenced on to 4 1/2 years in
prison for fraud.
Raffaello Follieri, 30, pleaded guilty in September to fraudulently
obtaining $2.4 million by leading investors to believe he had
Vatican connections that enabled him to buy the Roman Catholic
Church's unwanted US properties at a discount.
Hathaway, who starred in The Devil Wears Prada, broke her silence
last month, telling W magazine she felt like a rug was pulled out
from under me when Follieri was arrested in June.
"I have dishonoured my family name and embarrassed the Church I
love," Follieri told Judge John Koeltl in US District Court in
Manhattan in a statement in Italian that was translated into
English.
"I will never be able to wash away the stain.
"I hope that someday those hurt by my actions will forgive me,"
Follieri said before the judge handed down the sentence.
Koeltl sentenced Follieri to four years and six months in prison
and ordered three years of supervision after his release. He will
be deported to Italy once he completes his sentence.
Follieri, dressed in a dark blue prison uniform, looked up at the
courtroom ceiling and then briefly lowered his head, rubbing his
face with his left hand.
Sophisticated scam artist
On September 10, Follieri pleaded guilty to one count of conspiring
to commit wire fraud, eight counts of wire fraud and five counts of
money laundering.
In the plea agreement, Follieri agreed to forfeit $2.4 million, 12
watches and nine pieces of jewellery.
He waived the right to appeal any prison term that was five
years and three months or less.
Assistant US Attorney Reed Brodsky told the court on Thursday that
Follieri was a sophisticated scam artist who lied about himself
from the outset of his business dealings in America, when he lied
about having a law degree and millions of dollars.
"It spiralled in the direction of greater lies," Brodsky said.
"That was the start of trying to convince investors he was
someone he really wasn't."
The case reads like a Hollywood film, with the man from Foggia,
Italy, aggressively pursuing money and celebrity while flaunting
his ties to further his lavish lifestyle.
But prosecutors say Follieri's web of lies began in 2004 by forming
a company with his father, who in 2005 was convicted in Italy of
embezzling funds.
In May 2005, the younger Follieri began lying to Burkle's group,
Yucaipa Companies, including telling them he needed a luxury New
York apartment to house visiting dignitaries, according to the
prosecutors' sentencing memo.
Yucaipa's losses included more than $911,000 for phoney reports,
$985,000 for unauthorized expenses, $739,000 for flights, $600,000
for unauthorized medical expenses and $430,000 for a nonexistent
Italy office.
At one point, Follieri showed investors a fake letter from the late
Pope John Paul II and told them he regularly met with the Pope when
in Rome, prosecutors said.
Advertising