Anne Hathaway picked a good time to dump boyfriend Raffaello Follieri: police arrested the Italian businessman today on charges of wire fraud conspiracy and money laundering. Score.

Follieri, 29, is accused of falsely telling an investor that he had been appointed as the chief financial officer of the Vatican so he could obtain properties of the Catholic church in the U.S. at a discount to fair market value, the AP reports.

The Daily Mail of London recently reported that Hathaway, 25, broke it off with Follieri because she feared that his recent legal woes could hurt her career.

An additional source confirmed the split to Usmagazine.com: “Yes, they’re taking a break. All the shady stuff was too much.”

Follieri is also under investigation by the New York State Attorney General’s office for failing to file tax-disclosure forms for his charity, the Follieri Foundation.

He was arrested in April for allegedly writing a $215,000 bad check.

Anne, meanwhile, is busy promoting her new movie, “Get Smart.”

This entry was posted on Tuesday, June 24th, 2008 at 11:26 am and is filed under Anne Hathaway. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.