Anne Hathaway's ex-boyfriend gets 4 1/2 years in scam (AP)

U.S. District Judge John G. Koeltl said Follieri had engaged in a significant fraud that hurt investors, will financially ruin him and will cause him to be deported after his prison term. The judge also cited Follieri's "lavish personal expenditures," which prosecutors have said were financed with his investors' money.

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"Instead, I made some terrible mistakes," he said. "I always thought I could repair the wrongdoing, but I was wrong." But Assistant U.S. Attorney Reed Brodsky said Follieri had lied about his education, his background, his wealth and his Vatican connections from the moment he solicited investors through his real estate business, the Follieri Group . Those investors included Yucaipa Cos., which is controlled by supermarket billionaire Ron Burkle, a close friend of former President Clinton.

Full Story: Anne Hathaway's ex-boyfriend gets 4 1/2 years in scam (AP)