Italian businessman Follieri arrested in NYC

June 24, 2008 8:14:41 AM PDT
Manhattan prosecutors say an Italian businessman who has been romantically linked to movie star Anne Hathaway has been arrested on wire fraud conspiracy and money laundering charges.

Raffaello Follieri is due in Manhattan federal court on Tuesday.

He is accused of falsely telling an investor that he had been appointed as the chief financial officer of the Vatican.

Authorities say he claimed that, as a result of that connection, he and others could obtain properties of the Catholic church in the United States at a substantial discount to fair market value.

The name of his attorney could not immediately be determined.