Hedge Fund Manager’s Widow Escapes Charges

Feb 11 2008 | 9:35am ET

The widow of hedge fund manager Seth Tobias is unlikely to face charges in connection with his death last year.

A spokesman for the Florida State Attorney said a final determination will be made this week, but Filomena Tobias would not face any charges.

“Jupiter police have forwarded their entire file to us, and it doesn’t contain any allegation of a crime,” Mike Edmondson told the Palm Beach Post. “That generally means that the agency just wants us to review their work as a way to close out their case.”

Tobias was found dead in his pool Labor Day Weekend; a toxicology report found he had cocaine, alcohol and the sleeping aid Ambien in his system.

His former personal assistant, William Ash, later alleged that Filomena had confessed to him that she had murdered her husband, spiking his dinner with Ambien to speed his drowning.

In a statement yesterday, Ash said there is a “mountain of evidence” against Filomena Tobias. “The public deserves the truth,” he said.

The State Attorney’s decision is also likely to boost her effort to inherit her husband’s millions. She is currently battling with his half-brothers over his estate in a New York probate fight.

RELATED STORIES

Tobias Had Cocaine, Sleeping Pills In System
Tobias Aide Passes Lie Test
Attorney To Assure Tobias Case Gets Top Billing
Assistant Claims Wife Killed Circle T Partners Founder
Hedge Fund Honcho Found Dead In Swimming Pool


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note