Italian businessman and a "once-upon-a-time" long-time boyfriend of actress Anne Hathaway was arrested on charges of operating a fraudulent real estate scheme.
Reuters reports that Raffaello Follieri convinced investors that he had ties with the Vatican that allowed him to purchase the Catholic Church's unwanted U.S. real estate properties at a discount. Investors' money was used for "expensive clothes and restaurant meals, a $37,000-a-month Manhattan apartment, dog-walking services and other personal expenditures including medical expenses for his girlfriend at the time."
- Maria Woehr
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