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NY jury convicts opera-loving philanthropist (AP)

Nov 19th, 2008
by Yahoo! News: Music News.

In this July 28, 2005 file photo, philanthropist Alberto Vilar arrives at Manhattan federal court in New York. Vilar, who was known for giving away millions of dollars to cultural institutions and opera houses around the world, was convicted Wednesday, Nov. 19, 2008 of cheating investors through his company, Amerindo Investment Advisors Inc., and various related entities. (AP Photo/Louis Lanzano, File)AP – Opera-loving philanthropist Alberto Vilar was convicted on fraud charges Wednesday for swindling investors, including the mother of actress Phoebe Cates, out of millions of dollars.


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