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Former Arts Patron Alberto Vilar Convicted On 12 Counts of Fraud (The New York Observer)
In a story encompassing the increasingly dreary art, society, and financial worlds, The New York Times reports that Alberto W. Vilar has been convicted of 12 counts of securities fraud. Mr. Vilar, a 67-year-old Cuban immigrant, was charged along with his Amerindo Investment Advisors Inc. partner, Gary A. Tanaka , who was only convicted on three of the counts. The two men were in trouble ...
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Arts Patron Guilty in Fraud Case (New York Times)
A federal jury convicted Alberto W. Vilar of all 12 counts in his securities fraud trial on Wednesday.
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Arts Patron Is Convicted of Securities Fraud (New York Times)
A federal jury in New York convicted Alberto W. Vilar of all 12 counts in his securities fraud trial on Wednesday, a final fall from grace for a man who gave millions of dollars to musical and other causes but was ostracized for falling short on his pledges, The New York Times’s Daniel J. Wakin reports.
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New York jury convicts opera-loving philanthropist of fraud (San Jose Mercury News)
NEW YORK — Alberto Vilar, once a pillar of philanthropy for opera and cultural institutions worldwide, was convicted on fraud charges Wednesday for swindling investors including the mother of actress Phoebe Cates out of millions of dollars.
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Philanthropist and investor Vilar is convicted of fraud (Los Angeles Times)
Opera-loving philanthropist Alberto Vilar was convicted on fraud charges Wednesday for swindling investors, including the mother of actress Phoebe Cates, out of millions of dollars.
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2nd UPDATE:Ex-Money Managers Vilar,Tanaka Convicted Of Fraud (Nasdaq)
(Updates with SEC case in eighth paragraph.) NEW YORK -(Dow Jones)- Ex-money manager Alberto Vilar and his business partner Gary Tanaka were convicted Wednesday on fraud and other charges for allegedly bilking investors out of millions of dollars.
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UPDATE: Ex-Money Managers Vilar, Tanaka Convicted Of Fraud (Nasdaq)
(UPDATES throughout with more details, comments from lawyers.) NEW YORK -(Dow Jones)- Ex-money manager Alberto Vilar and his business partner Gary Tanaka were convicted Wednesday on fraud and other charges for allegedly bilking investors out of millions of dollars.
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Vilar Convicted of Stealing $20 Million From Amerindo Investors (Bloomberg)
Nov. 20 (Bloomberg) -- Alberto Vilar and Gary Tanaka were found guilty of a scheme to steal $20 million from clients at Amerindo Investment Advisors, which made and then lost billions of dollars for investors in computer and Internet stocks.
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Colombia Fraud Loss May Prompt Rate Cut, Zuluaga Says (Update1) (Bloomberg)
Nov. 19 (Bloomberg) -- Colombia's central bank ought to lower interest rates this week as losses tied to the collapse of local pyramid schemes, along with the global financial crisis, hurt economic growth , Finance Minister Oscar Ivan Zuluaga said.
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N.Y. Jury Convicts Opera-Loving Philanthropist (Law.com)
Opera-loving philanthropist Alberto Vilar was convicted on fraud charges Wednesday for swindling investors, including the mother of actress Phoebe Cates, out of millions of dollars. Federal prosecutors accused Vilar and a business partner of falsely telling investors their money would be safe. Instead, the men poured money into risky technology stocks that later crashed, prosecutors said. The ...
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