Heiress Is Identified as Victim in Case Against Arts Patron - New York Times

Heiress Is Identified as Victim in Case Against Arts Patron - New York Times: "Heiress Is Identified as Victim in Case Against Arts Patron
By DANIEL J. WAKIN
Published: June 3, 2005
The investor whose money prosecutors say was stolen by Alberto W. Vilar, the philanthropist and investment adviser, has been identified as the 67-year-old widow of a California millionaire.
The investor, generally identified in a Securities and Exchange Commission complaint as 'L. C.,' but on two occasions as 'Cates,' is Lily Cates, 67, of Manhattan, supporters of Mr. Vilar said, clearing up one of the mysteries surrounding his arrest. The original charges, unsealed on May 27, gave no details about his accuser, who has been identified in unrelated court cases also as Lily Cates Naify.