Vati-Con scandal

The Vati-Con Scandal involved accusations that Italian real estate developer Raffaello Follieri misappropriated a $50 million investment[1] from Bill Clinton and billionaire Ronald Burkle meant to buy Roman Catholic churches in the United States.[2] Follieri ultimately pleaded guilty to federal criminal charges in the U.S. and was sentenced to prison.

On July 15, 2008, Bishop Joseph Anthony Galante of the Diocese of Camden, New Jersey, was implicated in the scandal by a New York Post article titled "A Deal with the Devil" that revealed that Follieri had bought Galante's beach house for $400,000 in 2007 shortly after Galante began the study that resulted in his 2008 announcement to sell off half of the Diocese's church properties.[3] Following disclosure of the bishop's involvement in Vati-Con, the Council of Parishes of Southern New Jersey demanded "a complete halt to the Bishop’s planned church closure program". The Galante/Follieri beach house was put back on the market in 2008 and sold almost two years later for $310,000.[4]

On July 24, 2008, the New York Daily News reported that during a second raid of Follieri's apartment in New York City, the FBI had confiscated the private journals of Follieri's former girlfriend, American film actress Anne Hathaway, as part of their ongoing investigation into the scandal. Hathaway did not face any charges related to the scandal.[5]

In October 2008, Follieri pleaded guilty in Manhattan to the charges, and Federal Judge John Koeltl imposed a 4½ year prison sentence.[6] He was released on May 25, 2012, from a federal prison in Pennsylvania. The U.S. Department of Homeland Security's Immigration and Customs Enforcement deported Follieri to Italy on May 25, 2012, immediately after his release from prison.[7] By 2018, Follieri had returned to being an investor and was once again on good terms with Burkle, who he claimed was among the group of investors helping him acquire 50 percent in the Foggia Calcio soccer club in Southern Italy.[8]

References
  1. Stein, Joshua David (June 29, 2008). "Inside Story: Raffaello Follieri". New York Post. NYP Holdings, Inc. Archived from the original on 25 March 2013. Retrieved 8 December 2018.
  2. Feuerherd, Joe (March 3, 2006). "Catholic real estate bonanza". National Catholic Reporter. The National Catholic Reporter Publishing Company. Retrieved 8 December 2018.
  3. MacIntosh, Jeane; Cornell, Kati (July 15, 2008). "A Deal with the Devil". New York Post. NYP Holdings, Inc. Archived from the original on 17 September 2008. Retrieved 8 December 2018.
  4. "Zillow.com 749 W Oak Ave., North Wildwood NJ". Zillow. Retrieved 8 December 2018.
  5. "FBI Grabs Anne Hathaway's diaries". NY Daily News. July 24, 2008. Archived from the original on 26 July 2008. Retrieved 8 December 2018.
  6. "Anne Hathaway's Ex Sentenced To 54 Months In Prison". Access Hollywood. NBC Universal, Inc. October 23, 2008. Archived from the original on 3 November 2008. Retrieved 8 December 2018.
  7. Lestch, Corinne (July 3, 2012). "Raffaello Follieri, Anne Hathaway's scam-artist ex-boyfriend, deported to his native Italy". New York Daily News. Retrieved August 12, 2020.
  8. Weaver, Hilary (January 4, 2018), Anne Hathaway’s Con-Artist Ex Is Out of Jail and Back in the Headlines, Vanity Fair, retrieved August 12, 2020
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