Alberto Vilar Returns to New York Prison

Thursday, November 21, 2013 - 05:35 PM

One day after a judge revoked his bail, opera-loving philanthropist Alberto Vilar returned to prison to continue serving a sentence for multimillion-dollar fraud.

Vilar was freed on bail in fall 2012, while his appeal was being considered; a Federal appeals court upheld his conviction in August. The Cuban-born Vilar was known for pledging millions of dollars to opera companies, including the Metropolitan Opera, where his name appeared on the "Vilar Grand Tier," the Royal Opera House in London, Washington Opera and the Los Angeles Opera (his name has since been removed from those venues).

Vilar is accused of cheating investors of $40 million through his company Amerindo.




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Comments [3]

L.Christov from California

For some reason not all reporters do their homework and buy into what Vilar
put out as personal "information." He was not born in Cuba but in New Jersey but of Cuban parents. He thought it made him sexier thief!

Dec. 02 2013 02:37 PM
Charles Fischbein from Front Royal, Va.

Tommy, this is Charles Fischbein in Front Royal, Va. Let me know when you are going next, if you drive up, maybe we can car pool as I must now go Amtrak since I can not drive more then a short distance due to failed knee replacement. However you can get Amtrak in Fredericksburg so no need to travel to D.C. Union Station like I must. Good news on bus fare, as i cannot walk subway stairs, I usually take a cab from 80th to Lincoln Center, but i may try the bus at 80th. St. if I can walk the three blocks from Riverside Drive to get to it, that, with my leg is a big if, but cab prices are an outrage in New York City and with a few trips to museums, my old High School on 54th St and Fifth Ave, (building now a private bank, but they do allow old graduates to come in and look around and take pictures for old time sake and in winter enjoy the fireplace in the main lobby which use to warm my fellow Rhodes Prep students in winter before class.
I go up six times a year for Met subscription now maybe much more as I learned my oldest son will be relocating to Long Island in January 2014.
Re Mr. Vilar, as a former executive director of a Washington D.C. office for a national non profit, I know how devastating it can be when a major donor is indited of jailed. During the 1980's savings and loan crisis i had two of my Board Members who together gave millions of dollars a year to us, jailed for bank and mortgage fraud.
Aside from the financial issues for the charity, we had to spend countless non productive hours with federal investigators going over our books tracking money given to us by these men. While we did not have to return any money it was still a major issue and caused us embarrassment.
With the Met playing to only an average 65% capacity (re New Yorker article, recent) this season, and HD ticket sales falling off, the loss of any major donor can hurt. Even though Vilar reneged on his gift a number of years ago it was thought that he would still give substantial sums during his financial recovery. Now it is most likely all lost to the lawyers and returns to investors.
I do however have mixed feeling about the Met removing his name from the Grand Tier section named for him when they did so years ago. He did give a substantial portion of his pledge up-front so did deserve some recognition, however, I can also understand how the Met and its then General Manager and General Council felt about keeping his name on the Met wall.
Maybe if Mr. Vilars cell mate is an old time mob figure they can enjoy Opera together, imagine what it would be like for him if he had to share a cell with a Hip Hop lover, pure hel?.
P.S. Tommy, I know of a decent Hotel on Riverside Drive and 80th street (great neighborhood and for some a nice walk to Met and Julliard) for under 150$ a night, if you want name let me know. Happy Thanksgiving, God Speed, Charles Fischbein

Nov. 25 2013 08:50 AM
thomas nawn from virginia

wqxr is just great a wonderful station in the most exciting city in the world, now with the mega bus with the kow fare a senior i will be 75 in a few days i can visit often, good listening to all tommy nawn in fredericksburg virginia

Nov. 23 2013 07:54 AM

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