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To: Sir Auric Goldfinger who wrote (2795)	10/25/2000 7:38:02 PM
From: StockDung	Respond to of 3392

Fugitive Financier Found; Faces 845-Year Prison Term Tampa, Florida, Oct. 25 (Bloomberg) -- Shalom Weiss, a financier who has been on the run since his conviction last November for racketeering and fraud linked to the collapse of the National Heritage Life Insurance Co., was caught in Vienna. He is facing an 845-year prison term. Weiss, 46, was arrested yesterday in the Austrian capital, the U.S. Federal Bureau of Investigation said. National Heritage collapsed in 1994 with losses of more than $400 million, authorities said. Investigators' search for Weiss spanned three continents and numerous countries. ``Fugitives may run, but with this kind of international cooperation, they cannot hide,'' said Frank Gallagher, the special agent in charge of the Tampa division of the FBI. Weiss disappeared in October 1999, shortly before the end of his nine-month trial in federal court in Orlando, Florida. He was convicted in absentia of 78 charges, including conspiracy, wire fraud, money laundering and obstruction of justice. The FBI had described Weiss, former part owner of New York's trendy Studio 54, as ``a Hassidic Jew with ties to New Jersey, New York, Israel and Austria,'' according to reports in the Jerusalem Post. ``He frequents gambling casinos and plays blackjack. Weiss has panic attacks and may be taking Klonopin/Zanax. He wears a full facial beard, which is dark brown,'' the FBI added. Fourteen other individuals have been convicted in connection with the National Heritage collapse, the FBI said. Less than $150 million has been recovered. Oct/25/2000 16:26 ET For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P