Anne Hathaway’s former fling, namely Raffaello Follieri is looking some jail time squarely in the eye.
Follieri apparently pleaded guilty to federal charges of wire fraud, money laundering and conspiracy this morning in a Manhattan District Court.
He is now facing as much as five, count em, five years an three months in prison and could also see deportation on his list of things to do when he gets out.
According to E News, he was quoted as saying:
“I did not have investor authorization to use the money that way,” the 30-year-old Follieri stated after pleading guilty to all 14 counts stemming from his June 24 bust. “I knew what I did was wrong.”
He has been accepting the hospitality of the prison system since his arrest, unable to kick up the rather large $21 million bail.
In another curious twist, his arrest came just about six hours after he was dumped by former main squeeze, Anne Hathaway.
Wow, she definitely bowed out just in time.