Wednesday, June 01, 2005

Fund-Raiser Says Investor Donated Space - New York Times

Fund-Raiser Says Investor Donated Space - New York Times: "Fund-Raiser Says Investor Donated Space
By DANIEL J. WAKIN
Published: June 1, 2005
Alberto W. Vilar, the philanthropist and investor arrested on fraud charges last week, not only gave away tens of millions of dollars to arts institutions, but he also donated office space to at least five of his favorite charities.
Mr. Vilar is in jail after his arrest last week on charges that he defrauded a longtime customer of $5 million. According to the charges, some of that money went to his pet recipients, including $177,000 to the American Academy in Berlin. "

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