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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of