July 14, 2007

Blood And Money

"48 Hours" Looks At The Killing Of Two Brothers Thousands Of Miles Apart

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(CBS)  Walkley stopped the deal and as it turns out, it wasn’t the first time Andrew had bilked banks with forged documents – he had been doing it for years.

The FBI was called and Special agent Steven Garfinkel led the investigation.

Garfinkel says Andrew would borrow money, file a fake release saying that he no longer owed that money and then would borrow again. The banks would think that the land was free and clear.

"And then he’d go to a third bank and do the same thing," Garfinkel explains. He says Andrew was able to obtain over $30 million by this kind of fraud.

Those stolen millions supported Andrew’s spending sprees and parties, and it allowed him to build his 10,000 square foot dream house on property he bought with fictitious documents.

And the more money he obtained through fraudulent loans, says Garfinkel, the more eager banks were to lend him more. "If you come in with all appearances that you’re a wealthy guy, you’re going to be successful in getting a loan," he explains.

Facing federal fraud charges, Andrew sought advice from attorney Phil Russell.

Granfinkel says while Andrew was upset he got caught, he had no remorse. But Russell says Andrew did feel remorse and was willing to come clean - just not completely clean.

The FBI uncovered yet another scam, this time involving apartment complexes in New Jersey. There, Andrew had ripped off his investors, by forging their signatures, secretly selling the properties and pocketing all the profits.

And unlike in Connecticut, where he defrauded banks, in New Jersey Andrew was ripping off people he knew, including his dead brother’s estate, his father-in-law and friends.

"The people in New Jersey didn't know that the property had been sold out from under them, because he continued to pay their quarterly dividends," Russell explains.

While Andrew’s material world was crumbling, his personal life was already in shambles. His wife Hayley discovered he had forged her signature to get a fraudulent loan on their ski house. He was cheating her, and cheating on her with other women. Hayley asked for a divorce and $7 million.

Andrew’s younger sister Jane also turned on him, fighting and winning a bitter custody battle for Robert’s children.

And Andrew was estranged from the father who had once pushed him so hard. "He was very clear to me that I had no authority to speak to his father, and he wanted nothing to do with the man," Russell explains.

Placed under house arrest and monitored with an electronic bracelet, Andrew agreed to take a plea. "He was looking at eight to ten years in jail, in federal jail," Garfinkel says.

One of the few people left in Andrew’s life was Carlos Trujillo, his driver and personal assistant. And Carlos was worried. "He told me, 'A lot of people hate me,'" he recalls.

While Andrew’s fraud case was making headlines in Greenwich, his brother Robert’s murder case was an even bigger sensation in Hong Kong and it was headed towards trial.

Albert Wong covered the trial for the English language daily The Standard. "We coined it the 'Milkshake Murder,'" Wong explains.

Continued



Produced By Lisa Freed and Gail Zimmerman
©MMVI, CBS Broadcasting Inc. All Rights Reserved.
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