Vati-Con Scandal
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Vati-Con Scandal
The Vati-Con Scandal involved accusations that Italian real estate developer Raffaello Follieri misappropriated a $50 million investment from Bill Clinton and billionaire Ronald Burkle meant to buy Roman Catholic churches in the United States. Follieri ultimately pleaded guilty to federal criminal charges in the U.S. and was sentenced to prison. On July 15, 2008, Bishop Joseph Anthony Galante of the Diocese of Camden, New Jersey, was implicated in the scandal by a ''New York Post'' article titled "A Deal with the Devil" that revealed that Follieri had bought Galante's beach house for $400,000 in 2007 shortly after Galante began the study that resulted in his 2008 announcement to sell off half of the Diocese's church properties. Following disclosure of the bishop's involvement in Vati-Con, the Council of Parishes of Southern New Jersey demanded "a complete halt to the Bishop’s planned church closure program". The Galante/Follieri beach house was put back on the market in 2008 and s ...
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New York Post
The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established in 1801 by Federalist and Founding Father Alexander Hamilton, and became a respected broadsheet in the 19th century under the name ''New York Evening Post''. Its most famous 19th-century editor was William Cullen Bryant. In the mid-20th century, the paper was owned by Dorothy Schiff, a devoted liberal, who developed its tabloid format. In 1976, Rupert Murdoch bought the ''Post'' for US$30.5 million. Since 1993, the ''Post'' has been owned by Murdoch's News Corp. Its distribution ranked 4th in the US in 2019. History 19th century The ''Post'' was founded by Alexander Hamilton with about US$10,000 () from a group of investors in the autumn of 1801 as the ''New-York Evening Post'', a broadsheet. Hamilton's co-investors included oth ...
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