Raffaello Follieri Arrested Again

Follieri was arrested today on charges of conspiracy, wire fraud and money laundering. Apparently, Follieri cooked up a scheme from 2005 to 2007 that he was closely linked with the Vatican which allowed him to get the Catholic Churchs unwanted real estate in the U.S. He faces 20 years in prison if convicted for the wire fraud charge, but prosecutors said that could be knocked down to 6.5 years if he pleads guilty.

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