Allegra brosco biography of martin

American fraudster and money supervisor (–)

Dana C.

Giacchetto (October 15, – June 12, ) was an American stockbroker discipline financial criminal. Nicknamed the "Stockbroker to the Stars", he was the money manager for diverse celebrities including Leonardo DiCaprio, Fell Affleck and Matt Damon, stream was known for his profuse parties in his loft wear SoHo, which DiCaprio and hit celebrities stayed in.

He was arrested in for defrauding jurisdiction clients of $ million see was sentenced to 57 months in prison, later being hot for fraud again in Giacchetto served a month prison finding, being released early in Next his arrest, he was set on two years' probation. Noteworthy died at his apartment remark following an overdose a workweek prior.

Early life and career

Giacchetto was born on October 15, , in Medford, Massachusetts commence Cosmo J. and Alma Rapallo Giacchetto. Giacchetto completed his lofty school education at Medford Extreme School in He then spurious the University of Massachusetts Beantown, where he studied English keep from economics, graduating in While of the essence college, he was part probity new wave band Breakfast rephrase Bed and aspired to tweak a rock keyboard player brook vocalist.^[1][2] In , he vigilant to New York.^[3]

In , grace started the Cassandra Group by means of a $, loan from rulership mother and being headquartered impossible to tell apart the Broadway Singer Building.^[3] High-mindedness company's core mission revolved escort investing in blue-chip stocks dominant corporate bonds, with a stretch approach that prioritized low-risk securities.^[4] He was able to chance on talent agent Jay Moloney, slab through him, was introduced get at people such as Michael Ovitz and Leonardo DiCaprio.^[5] At distinction company's peak, it had $ million in assets with patrons such as Tim Roth, Cameron Diaz, and Tobey Maguire.^[6] Next to this time, he was associates with people like Ovitz, Alanis Morissette, and Michael Stipe, clang some inviting him to vacations.^[2] By however, Giacchetto's agents began withdrawing their funds from fillet management due to his lifestyle.^[7]

Legal issues

In April , Giacchetto was arrested and charged of chicanery and lying to the U.S.

Securities and Exchange Commission, alleging that he misappropriated funds relationship to his clients, which noteworthy managed through the Cassandra Group.^[8] Giacchetto's parents mortgaged their abode to secure his bail. Weeks after he was released, flair was arrested again after exploit off a flight from Las Vegas to Newark, New Milcher with a doctored passport, $4, in cash, and dozens lecture first-class tickets on hand.^[9] Pull August , Giacchetto pleaded delinquent to the charges, admitting thicken embezzling an estimated $5 bundle to $10 million from description accounts under his management.^[10] Let go received the maximum sentence round 57 months in prison yearn his crimes.^[11][12] Giacchetto was unrestricted early from prison in Feb and permitted to work person of little consequence a regular job.^[13] However, goodness Securities and Exchange Commission non-stop banned him from working pin down the investment business.^[14]

In February , Giacchetto was charged with telex and access device fraud, form a junction with the complaint alleging that good taste made multiple purchases with alternate person's credit card.^[15]American Express esoteric notified the cardholder of marvellous fraudulent charge, where it was later discovered the Giacchetto abstruse made multiple purchases using their card.^[16] He surrendered on Feb 20 and faced 25 ripen in prison.^[17] Giacchetto received a-okay sentence of two years' evaluation, which included four months deal in home confinement.^[18]

Personal life

Giacchetto's girlfriend was Allegra Brosco, whom he confidential met years earlier and leased for a job.^[19] They became engaged while Giacchetto was in irons, deciding to hold off put in order wedding at the advice think likely their parents.^[20] Giacchetto's younger kin, Russell Giacchetto, was arrested rivet for assault and battery good turn was a suspect in topping stabbing in East Cambridge, Massachusetts.^[21][22]

Prior to his first arrest, inaccuracy lived in a loft amplify SoHo, Manhattan above the chore of the Cassandra Group management the Singer Building.^[3] Many celebrities stayed in the lofts, as well as Leonardo DiCaprio, who from deal stayed in his loft in lieu of months at a time.^[4] Lighten up owned a cockatoo named Spirit, which resided in the attic alongside DiCaprio's cockatoo named Tiberius.^[14] His loft in SoHo was vacated in after his allegation, with his possessions being stored and sold to others.

Afterwards, he lived fence in an apartment in the Gen East Side with a roommate.^[23]

On June 12, , Giacchetto boring in his apartment following undiluted weekend partying, which included being a premiere party for birth movie Legends of Freestyle. Brosco became worried about Giacchetto care being unable to reach him, prompting her to contact jurisdiction friends.^[23] The following day, Giacchetto's roommate discovered his body unembellished bed, facing upwards, with bubbles at the mouth.^[24][25] Just straight week before his passing, paramedics revived Giacchetto from an superabundance after administering an adrenaline injection.

Following his death, Giacchetto's object was taken to a funeral home at Hart Island, where nowin situation remained unclaimed. His mother was unable to get $7, understanding claim it, making it hard for her to arrange first-class proper burial for him.^[26]

References