AP - BROOKE ASTOR'S SON IS CHARGED WITH ROBBING HER VAST ESTATE
AP - BROOKE ASTORâS SON IS CHARGED WITH ROBBING HER VAST ESTATE
AVV 11-30 #721109
By Samuel Maull
Associated Press Writer
NEW YORK CITY (AP) â It was a strange sight in the world of Manhattan high society: The son of Brooke Astor, the grand dame of New York philanthropy, standing in a courtroom accused of plundering her fortune.
As 83-year-old Anthony Marshall arrived to face the charges, his wife, Charlene, leaped up from her front-row seat and started patting his head and adjusting his white hair. âWeâll be all right,ââ she said.
Marshall pleaded not guilty to an indictment accusing him of preying on his Alzheimerâs-stricken, centenarian mother, looting her $198 million estate and inducing her to sign a new will leaving her vast fortune to him. If convicted of the most serious charge, grand larceny, he could be sentenced to 25 years in prison.
The indictment alleges that Marshall spirited artworks out of Astorâs home, gave himself a $1 million raise for serving as her financial adviser and spent his motherâs money on a laundry list of extravagant items â including $52,000 in salary for the captain of his 55-foot yacht. Prosecutors also say he had Astor amend her will to leave him the $60 million-plus part of her estate that she intended for charity.
âDespite his motherâs generosity when she was well, he used his position of trust to steal from her,ââ Assistant District Attorney Elizabeth Loewy said.
Marshall, a former diplomat and Tony award-winning theater producer, has denied all allegations that he abused his motherâs trust, saying he cared about her more than anyone else.
âTony Marshall faithfully and effectively managed his motherâs affairs for more than 25 years, increasing the value of her investments from $19 million to $82 million,ââ said a statement issued by the defendantâs lawyer, Kenneth Warner.
âBrooke Astor loved Tony, her only child, and whatever he received was in accordance with her wishes,ââ the statement said, noting that earlier claims that Marshall had abused his mother by letting her live in filth were not substantiated.
âWeâre confident that when all facts are known, Mr Marshall will be exonerated,ââ the statement said.
Marshall was released and ordered to appear in court at a future date.
The indictment charges Marshall with grand larceny, criminal possession of stolen property, scheme to defraud, falsifying business records and offering a false instrument for filing and conspiracy. Marshallâs former attorney, Francis X. Morrissey Jr, was indicted on charges of forgery, criminal possession of a forged instrument, scheme to defraud and conspiracy.
Morrisseyâs lawyer, Michael S. Ross, told The New York Times his client was out of the country but returning to surrender to authorities Friday.
The indictment charges that Marshall and Morrissey âtook advantage of Mrs Astorâs diminished mental capacity in a scheme to defraud her and others out of millions of dollars,ââ District Attorney Robert Morgenthau said.
As early as 2001, Astorâs doctors had told Marshall that his mother suffered from Alzheimerâs disease, that her ability to understand complex issues was limited, and that her condition would worsen, Morgenthau said.
Three years later, the prosecutor said, Marshall and Morrissey conspired to have Astorâs longtime attorney fired and to have her sign an updated will that left Marshall virtually everything.
One of Marshallâs sons, Philip, prompted the criminal investigation last year after he accused his father of neglecting Astorâs care and stealing her money. Astor died in August at age 105.
Despite his role in launching the case, Philip Marshall said Tuesday he was âshockedââ at the resulting charges.
âI sincerely hope there is a way justice can be achieved without my father going to jail,ââ Marshall, 54, told the Daily News as he took a walk near his home in South Dartmouth, Mass.
The indictment alleges that Marshall robbed Astorâs estate in a range of ways, from salary increases to art sales.
Prosecutors say he falsely told Astor she was running out of money to persuade her to sell a Childe Hassam painting, âUp the Avenue from 34th Street,ââ for $10 million; he allegedly took $2 million as a sales commission. He also is accused of taking two works of art, worth about $500,000 each, from Astorâs house while she still lived there.
Marshall also used Astorâs money in 2005 to boost his salary for serving as her financial adviser from $450,000 to about $1.4 million, prosecutors say.
Astor, known for decades as the doyenne of New York society and philanthropy, gave away nearly $200 million to institutions such as the New York Public Library, Carnegie Hall and other causes.
In the final year of her life, the nasty family feud over her care was splashed all over the cityâs tabloids â including allegations that she was forced to sleep in a torn nightgown on a couch that smelled of urine while subsisting on a diet of pureed peas and oatmeal.
Those allegations were never substantiated.
The grand jury investigation had already brought a halt to substantive proceedings in the civil dispute over Astorâs $198 million estate, which was being heard in Surrogateâs Court in suburban White Plains. The principal issue there was which of two wills would best carry out Astorâs intentions. Anthony Marshall had supported a 2002 will and its codicils, or amendments, which benefit him at the expense of the charities Astor named. Others, including Philip Marshall, contended a 1997 will was the last one she was competent to sign.
Charles Scott, chief clerk to Surrogate Judge Anthony Scarpino, said November 27 that depositions in the surrogate case remained scheduled.
The value of Astorâs estate includes about $132 million in cash and property and another $66 million for the foundation she ran.