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Billionaire financier Edmond Safra, 67, excelled at making three things: money, friends and enemies. Monaco police were focusing on the latter as possible suspects after the Lebanese founder of the Republic National Bank suffocated in an arson fire at his penthouse. Safra had been barricaded in a bathroom along with his nurse, Viviane Torrent, while knife-wielding assailants, apparently frustrated at being unable to reach Safra, set fire to his domed, ultra-high security Monte Carlo retreat. Monaco's chief prosecutor, Daniel Serdet, reported that robbery was not a motive. Nothing had been stolen. "We are treating the attack...

Author: /time Magazine | Title: Murder by Fire | 12/13/1999 | See Source »

...only thing he had to fear was fear itself. Billionaire financier Edmond J. Safra died because he was poisoned by the same conspiracy theories that consumed the media in the days following his death. The most commonly discussed scenario in Safra's fiery death had the Russian mob settling a vendetta against the banker for blowing the whistle on money laundering schemes. It turns out this whodunit had a more ordinary culprit: the nurse...

Author: /time Magazine | Title: The Greek Tragedy That Killed Edmond Safra | 12/7/1999 | See Source »

...Maher, a New Yorker who began working for Safra five months ago, confessed to police Monday that he had set the fire that led to Safra's death. His reputed motivation: jealousy of other nurses. Maher apparently was one of the least favored members of Safra's medical staff (the 67-year-old banker suffered from Parkinson's disease) and wanted to win his boss's favor by painting himself as a hero. So he started a small fire in a wastebasket, claimed two knife-wielding hooded men entered the apartment - and slashed himself. The plan...

Author: /time Magazine | Title: The Greek Tragedy That Killed Edmond Safra | 12/7/1999 | See Source »

...Safra, who as owner of the Republic National Bank of New York had made some high-powered enemies, had reportedly grown neurotic in recent months, convinced that he was in constant danger, and wouldn't emerge from a bathroom - despite entreaties from rescue workers - as the apartment became engulfed in flames. But will the public accept a tidy conclusion to this veritable Greek tragedy? Theories have already emerged on the Internet painting Maher as a Lee Harvey Oswald-like Russian mole. Another, probably closer to the truth, has Maher trying to ingratiate himself with the sickly billionaire, thus finding...

Author: /time Magazine | Title: The Greek Tragedy That Killed Edmond Safra | 12/7/1999 | See Source »

...Billionaire banker Edmond Safra was murdered in Monte Carlo this week. Which major U.S. bank did Safra...

Author: /time Magazine | Title: Weekly News Quiz No. 4 | 12/3/1999 | See Source »

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