NEW YORK — An opera-loving philanthropist has been returned to prison in New York to continue serving a sentence for a multimillion-dollar fraud.
Alberto Vilar (vih-LAHR') was returned to prison Thursday, a day after a judge revoked his bail. A federal appeals court upheld his conviction in August.
The Cuban-born Vilar was accused of cheating investors of $40 million through his San Francisco-based company.
Judge Richard Sullivan in Manhattan says Vilar and a co-defendant could even face more prison time at a resentencing ordered by the appeals court.
Both were convicted in 2008.
Vilar was sentenced to nine years and Gary Alan Tanaka was sentenced to five years in prison.
They were ordered freed on bail in fall 2012 while their appeal was being considered.