Bloomberg.com: U.S.: "Vilar Robbed Investors as He Pledged Donations, 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."
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