The death of investment manager Seth Tobias is becoming the center of controversy Tuesday after his brothers claim Tobias' widow planned his death.
Brothers brothers, Samuel, Spence, Scott and Joshua, claim that Filomena Tobias drugged her husband and lured him into the pool, where he drowned.
A former assistant to Seth Tobias has told the police that Filomena Tobias confessed to him that she had lured her husband, who was on a cocaine binge, into the water, promising him sex with a male go-go dancer know as "Tiger." A lawyer for Filomena Tobias has called the claims outrageous.
The plot thickened when it emerged that Filomena Tobias had paid $9,628 to have the pool drained and resurfaced just days after her husband died.
Seth Tobias formed Circle T in 1996, with $4 million, and parlayed that into a $300 million hedge fund and brokerage firm. Circle T is in the process of returning investors’ funds; clients have not lost money.
Tobias counted among his investors Samuel Zell, the billionaire who recently agreed to buy the Tribune Company.
He managed to make a name for himself on financial-news television, appearing on “Squawk Box” and “Kudlow & Company” on CNBC.
His lavish lifestyle led to heavy expenditures, cocaine use and frequent visits with his wife to Cupids, a gay bar in West Palm Beach with televisions constantly showing with hardcore gay pornography. Cupids is where he met "Tiger".
Source: news.finditt.com
Tuesday, December 4, 2007
Did Filomena Kill Seth Tobias?
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6:33 PM
Labels: financial news, general, random
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