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Thursday, November 20, 2008

Now, Now Scofflaw


Alberto W. Vilar, the investor and music lover accustomed to opulent living, front-row opera seats and the gratitude of arts impresarios, now faces a more humble prospect: prison.

A federal jury in Manhattan on Wednesday convicted him of defrauding clients of his firm, Amerindo Investment Advisors, finding him guilty on all 12 counts. The jury also convicted his former business partner, Gary A. Tanaka, on 3 of the 12 counts.

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