Bloomberg.com: Politics: "Amerindo's Vilar Robbed Investors and Cheated Charities, Prosecutors Say
Oct. 6 (Bloomberg) -- Alberto Vilar left the federal courthouse in Manhattan on a sunny morning in June and walked slowly toward Foley Square, alone except for a handful of news photographers, a gray business suit hanging loosely from his shrunken frame. Vilar, 64, co-founder of New York-based Amerindo Investment Advisors Inc. and a well-known arts philanthropist in the city, was accused of stealing $5 million from Lily Cates, a friend and longtime client.
It was a familiar scene: an icon of the late-1990s stock boom facing criminal charges, surrounded by a scrum of press. Former Tyco International Ltd. Chief Executive Officer Dennis Kozlowski, former WorldCom Inc. CEO Bernard Ebbers and Credit Suisse First Boston Managing Director Frank Quattrone were all tried and convicted in the courthouses around Foley Square, the center of New York's legal world."
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