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Entertainment & Sports

Oct. 14, 1999

Hollywood Mogul Indicted for $1.5 Billion International Scheme

The decade-long saga of fugitive Italian financier and former Hollywood mogul Giancarlo Parretti reached another climax Tuesday with the unveiling of a sealed 55-count federal indictment in Los Angeles charging Parretti and an accomplice with conspiracy, securities fraud and other acts in an international scheme that netted at least $1.5 billion.

By Garry Abrams
Daily Journal Staff Writer
        The decade-long saga of fugitive Italian financier and former Hollywood mogul Giancarlo Parretti reached another climax Tuesday with the unveiling of a sealed 55-count federal indictment in Los Angeles charging Parretti and an accomplice with conspiracy, securities fraud and other acts in an internationa...

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