Hedge Fund Manager’s Widow Escapes Charges

Feb 11 2008 | 10:35am 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.

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