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Follieri pleads guilty in fraud case

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Anne Hathaway’s developer ex-boyfriend Raffaello Follieri pleaded guilty today in a real estate fraud case. Follieri will spend more than four years in prison after pleading guilty to wire fraud, money laundering and conspiracy. Prosecutors said Follieri posed as the Vatican’s representative to the U.S. and told investors the Roman Catholic Church would sell him property at a discount. Authorities say he took up to $6 million from the investors.