October 24, 2008

Raffaello Follieri – who pleaded guilty in September to 14 counts of wire fraud, money laundering and conspiracy – was sentenced in Manhattan federal court Thursday to 4½ years in prison.
At the request of his attorney, Flora Edwards, the Italian-born Follieri, 30, is likely to be imprisoned either at Fort Dix, N.J., or in Otisville, N.Y. The bureau of prisons will decide the level of security under which he'll be placed.
His next hearing is scheduled for Dec. 12.
While there is to be no fine, Follieri was slapped with a $1,400 special assessment to be paid to the United States. In addition, he will also receive three years of supervised release.
Follieri, who conceivably could have faced up to 265 years in prison, had agreed not to appeal a sentence less than 63 months in prison.
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