Monday, April 10, 2006

Philanthropist Vilar to face trial on Oct 3- The Economic Times

Philanthropist Vilar to face trial on Oct 3- The Economic Times: "Philanthropist Vilar to face trial on Oct 3

REUTERS[ SATURDAY, APRIL 08, 2006 09:00:04 AM]
NEW YORK: An October 3 trial date was set on Friday for former high-flying philanthropist and technology stocks investor Alberto Vilar and his co-defendant Gary Tanaka, who are accused of defrauding investors of millions of dollars.

Vilar, 65, and Tanaka, 62, co-founders of Amerindo Investors Inc, are accused of spending clients' funds for personal and business use.

US District Judge Kenneth Karas set the trial date during a hearing at federal court in Manhattan.
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