A U.S. appeals court yesterday confirmed an increase in Vilar’s jail sentence from nine years to ten.
But the court ruled that Vilar, who is doing time for securities fraud, money laundering and fraudulent investments, did not have to pay a $10 million fine. He has been let off with a $25,000 charge.
Vilar, now 75, was the biggest cash donor ever seen at the Met, Salzburg, Covent Garden and the Mariinsky.
All have long since taken his name off the wall.
Reuters report here.