July 9, 2002 |
Over English breakfast tea at the Ritz-Carlton, Marina del Rey, billionaire arts philanthropist Alberto Vilar announces his engagement to be married--sort of. "There she is, Karen Painter," the 61-year-old divorce says proudly, his eyes lighting up as Painter, a Harvard musicology professor who recently conducted a music symposium at the 2002 Ojai Music Festival, approaches the table near the end of a Saturday morning meeting with Vilar. "She's my fiancee."
July 5, 2005 |
The recent woes of billionaire opera philanthropist and money manager Alberto Vilar, released from a New York jail on bail June 20 after languishing there for nearly a month, have had New York and London buzzing. But Los Angeles is surprisingly quiet. You'd expect to hear something from Los Angeles Opera, the recipient of a $12-million Vilar pledge that fell through.
February 10, 2006 |
Philanthropist and technology investor Alberto Vilar and co-defendant Gary Tanaka pleaded not guilty in federal court in Manhattan on Thursday to new charges that they defrauded wealthy investors of millions. Vilar and Tanaka, co-founders of Amerindo Advisors, were expected to go on trial in April on previously filed charges.
September 28, 2002
Re "Donor Vilar Owes $500,000 to L.A. Opera for 'Lohengrin,' " by Diane Haithman, Sept. 21: Alberto Vilar has done more to support the musical arts in the United States than all the greedy CEOs of Enron, WorldCom, Adelphia etc. combined. If his ability to continue his largess is now curtailed because of business reverses and our weak economy, perhaps we should focus on thanking him for his past generosity instead of berating him for his current inability to contribute to the extent that he has in the past.
November 27, 2008 |
A Manhattan judge has ordered electronic monitoring of opera-loving philanthropist Alberto Vilar after his conviction on fraud charges. U.S. District Court Judge Richard Sullivan ordered the monitoring after a probation officer said Wednesday that Vilar sometimes didn't answer the phone at home. Sullivan also set a March 20 sentencing date. Vilar, 68, and a co-defendant, Gary Alan Tanaka, were convicted last week of conspiring to commit various frauds. Until a few years ago, the Cuban American Vilar had been hailed as an international arts patron, making multimillion-dollar pledges to Los Angeles Opera, the Metropolitan Opera in New York, the Royal Opera House in London and other companies.
December 20, 2008 |
Alberto Vilar, convicted of fraud and conspiracy last month for stealing as much as $20 million from clients of his San Francisco-based investment firm, has been ordered to remain in jail while he awaits sentencing. Vilar, 68, hailed until a few years ago as an international arts patron, was convicted Nov. 19 and had been free pending his March 20 sentencing date. But prosecutors argued that he was a flight risk, and on Thursday a New York judge agreed. Vilar's attorney said he would appeal the decision.