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News

28 May 2005

Alberto Vilar Arrested

Alberto Vilar, a hotshot millionaire money manager and the Metropolitan Opera’s largest benefactor, was hauled before a federal judge yesterday on charges he stole $5 million from a client — and then used part of the money to make a donation to his alma mater.


Alberto Vilar

BLIGHT AT THE OPERA

By RICHARD WILNER [NY Post, 28 May 05]

Alberto Vilar, a hotshot millionaire money manager and the Metropolitan Opera's largest benefactor, was hauled before a federal judge yesterday on charges he stole $5 million from a client -- and then used part of the money to make a donation to his alma mater.

Vilar, 64, was nabbed by U.S. postal inspectors at 8:15 p.m. Thursday after stepping off a plane at Newark Airport. His business partner, Gary Tanaka, 62, was also arrested as he relaxed at an East Side hotel.

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