Word: assisi
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Cindy, raised a Roman Catholic, told him she did. Frankel shook his head. "How can you believe?" asked the man who had once established a phony Catholic charitable organization, the St. Francis of Assisi Foundation, in the hope of legitimizing his fraudulent operations...
...Vatican--the ultimate cover. Through a prominent New York City attorney, Thomas Bolan, Frankel met with Father Peter Jacobs, a gadabout clergyman who has ties to New York luminaries, including Walter Cronkite. Jacobs introduced Frankel to Monsignor Emilio Colagiovanni, a Vatican official. Frankel claimed that his St. Francis of Assisi Foundation would distribute more than $2 billion to Catholic charities. He took to obsessively studying the lives of the saints, almost as avidly as he consulted astrological charts. He got the monsignor's blessing--and the use of a Vatican bank account controlled by Colagiovanni...
...which was "launder money." Also seized were personalized astrological charts answering such questions as: "Will I go to prison?" "Should I leave?" and "Will I be safe?" So far, so good. In addition to the insurance money, Frankel may also have pocketed $1.98 billion from the St. Francis of Assisi Foundation, allegedly established by him in the British Virgin Islands last August. Six weeks after his disappearance, authorities can only hope Frankel neglected to ask the stars about one last thing: extradition treaties...
...basilica restored and open to the public again in time for Christmas 1999. The restoration cost was estimated at $60 million--the price, more or less, of a single Van Gogh, but not easy to raise. The aim of this show, then, is to remind the public of the Assisi disaster and of the urgency of its repair...
...wasn't done by monks rattling tin cups on street corners. Gregory IX, the Pope who canonized St. Francis, wanted to establish San Francesco partly for religious reasons and partly for political ones--Assisi, which had been wrested from the Holy Roman Emperor only some 20 years before, was the major power base for the papacy in central Italy. He took the sanctuary under his ample wing, supplying the land and encouraging donations to it. Later Popes sometimes took up residence there...