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Arts philanthropist Alberto Vilar gets 9 years in prison for Amerindo fraud
Alberto Vilar, the technology investor who once promised a $50 million donation to the Kennedy Center that never materialized, was sentenced to nine years in prison Friday for stealing from clients at his Amerindo Investment Advisors.
A judge rejected pleas from Alberto Vilar, 69, to give him only community service because of his age and poor health.
(2005 Photo By Louis Lanzano/ap)
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