Washington, June 26 : Anne Hathaway's former boyfriend Raffaello Follieri has been placed under home detention in New York and his bail is set at 21 million dollars.
The 29-year-old Italian businessman appeared in Manhattan federal court in New York to answer charges of wire fraud conspiracy and money laundering, reports Usmagazine.com.
Prosecutors argued that they had 'overwhelming' evidence that Follieri improperly spent up to 6 million dollars from investors to live a lavish lifestyle.
Follieri was placed under home detention with an electronic monitoring device and may only leave his apartment for legal, medical or religious reasons.
Follieri and Hathaway are said to have dated for about four years and broke up earlier this month.