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Investment broker turns himself in to FBI



Published: Sun, February 10, 2002 @ 12:00 a.m.



Investment brokerturns himself in to FBI

CLEVELAND -- An investment broker suspected of stealing as much as $300 million from his clients turned himself in to the FBI on Saturday, officials said.

Frank Gruttadauria, 44, the manager of a Cleveland office of Lehman Brothers, left a letter for the FBI before he and his passport disappeared on Jan. 11. He said he acted alone and didn't take money for personal use.

Gruttadauria told authorities in his letter that lax supervision made it possible for him to misappropriate money over a 15-year period.

Among those who lost money are a Mr. Coffee Inc. co-founder and the president of the NAACP's Cleveland chapter.

Gruttadauria, a suburban Gates Mills resident, is suspected of having account statements for about 25 clients mailed to his post office box. He then reportedly forwarded falsified statements that inflated the value of client accounts.

Gruttadauria turned himself in around 5 p.m. Saturday at the downtown Cleveland office of the FBI. He will appear before a U.S. magistrate Monday, the FBI said in a one-page news release.

Gruttadauria wrote a letter to his family following his disappearance, apologizing to his mother for putting her through an ordeal.

"I don't know how to live as a fugitive," the letter concluded.

President's niecebegins drug treatment

TALLAHASSEE, Fla. -- Noelle Bush, the governor's daughter who was accused of prescription drug fraud, has been admitted to a drug treatment program, her lawyer said.

Bush, 24, a daughter of Gov. Jeb Bush and niece of President George W. Bush, will spend whatever time is needed in the treatment program before returning to Tallahassee to face the charge, attorney Peter Antonacci said Friday.

She waived her right to a speedy trial and probably will be sent to drug court after her release from treatment, said Leon County State Attorney Willie Meggs.

Antonacci would not disclose the location of the treatment center.

Bush was arrested at a pharmacy drive-through window Jan. 29 on charges of trying to buy Xanax with a fraudulent prescription. Authorities said she posed as a doctor and called in the phony prescription after suffering a panic attack.

Drug prescription fraud is a felony that carries a maximum penalty of five years in prison and a $5,000 fine on conviction.

Memorial dedicatedto sub collision victims

HONOLULU -- Japanese fishing students who survived their boat's collision with a U.S. nuclear submarine gathered Saturday with family and government officials to remember the nine men and boys who died.

At the dedication of a memorial, speakers said they hoped it would not only remind people of the loss but also symbolize the ties that developed between the nations since the collision exactly one year ago.

Gov. Ben Cayetano called the 12-foot-by-12-foot memorial a testament to the "heartfelt feelings of hope and sorrow" that the people of Hawaii have toward the victims.

"We can never know the depth of your grief," Cayetano said.

Nine of 35 students, teachers and crew from the Uwajima Fisheries High School died aboard the Ehime Maru when the USS Greeneville surfaced beneath the trawler Feb. 9, 2001, sinking it in 2,000 feet of water about nine miles south of Oahu.

In the year since the collision, the establishment of the waterfront memorial and an unprecedented recovery effort by the U.S. Navy, which included some Japanese participation, have done much to stem bitterness that resulted from the collision.

Counselor attacked

MOUNT PLEASANT, N.Y. -- A counselor at a center for troubled teens was in critical condition Saturday after six girls reportedly burned and beat her and poured bleach on her face, police said.

"She was just overwhelmed by the number of attackers," police Chief Louis Alagno said.

The 32-year-old victim, whose name was not released, was the only adult in a 16-girl cottage at Pleasantville Cottage School when she was attacked Thursday night, Alagno said.

The girls punched, kicked, stomped and scratched the counselor, then "doused her with rubbing alcohol and set it on fire," Alagno added. "They continued to beat her and then doused her face with chlorine bleach."

Six girls, ages 15 and 16, were arrested and arraigned Friday on second-degree attempted murder charges. All six were ordered held without bail.

Associated Press




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