Date: 9th February 2001

Leo's Fraudster Gets Over Four Years In Jail

LATEST: DANA GIACCHETTO, the disgraced money manager who defrauded LEONARDO DiCAPRIO, BEN AFFLECK and MATT DAMON out of thousands of dollars, was sentenced yesterday (7FEB01) to four years and nine months in prison.

Giacchetto, who was once inseparable from DiCaprio and spent months living in his Manhattan, New York, apartment, broke down in tears and begged the court for mercy as the verdict was read out.

He pleaded guilty to mass fraud in August (00) but his star clients avoided being called in to testify in his court case, which concluded yesterday. In addition to the prison sentence, the court ordered Giacchetto to repay $9.9 million (6.6m) to his victims. (LE/WNWC/PDD)

Source: WENN



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