NEW YORK, Nov. 27, 2007

DA: Socialite's Son Looted Mom's Estate

Brooke Astor's 83-Year-old Son Charged With Plundering $198 Million Estate

    • Brooke Astor arrives at the opening of the play

      Brooke Astor arrives at the opening of the play "I Am My Own Wife" in New York, Dec. 3, 2003.  (Getty/Peter Kramer)

    • Anthony Marshall departs the church after the funeral for his mother, Brooke Astor, Aug. 13, 2007.

      Anthony Marshall departs the church after the funeral for his mother, Brooke Astor, Aug. 13, 2007.  (AP)

    • Philip Marshall departs the church after the funeral for his grandmother, Brooke Astor, Aug. 13, 2007.

      Philip Marshall departs the church after the funeral for his grandmother, Brooke Astor, Aug. 13, 2007.  (Getty/Donna Ward)

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(CBS/AP)  Broadway producer Anthony D. Marshall, the son of philanthropist Brooke Astor, has been indicted on charges of plundering her $198 million estate.

An indictment unsealed Tuesday charges Marshall, 83, with grand larceny, criminal possession of stolen property, forgery, scheme to defraud, falsifying business records, offering a false instrument for filing and conspiracy.

The top count, grand larceny, is punishable by up to 25 years in prison.

Marshall's former attorney, Francis X. Morrissey Jr., also was indicted on those charges.

"The indictment charges that Marshall and Morrissey took advantage of Mrs. Astor's diminished mental capacity in a scheme to defraud her and others out of millions of dollars," said District Attorney Robert Morgenthau.

A law enforcement source told the New York Daily News the one of the charges involves forging Astor's signature on a will that gave them control of her fortune.

The New York Post reports amendments to Astor's 2002 will shifted much of her fortune away from her favorite charities and directly to her son, Broadway producer Anthony D. Marshall.

Marshall and Morrissey had been accused in a civil suit by Marshall's son of misappropriating cash, real estate, securities and other property belonging to the socialite, who died in August at age 105.

Marshall's son, Philip, prompted the criminal investigation last year after he accused his father of neglecting Astor's care and stealing her money.

Quote

It's hard to express my feelings at this moment.

grandson Philip Marshall
"It's hard to express my feelings at this moment," said Philip Marshall told the Daily News.

Marshall's son, Philip, prompted the criminal investigation last year after he accused his father of neglecting Astor's care and stealing her money. Astor died in August at age 105.

Anthony Marshall, a former diplomat and Tony award winning producer, has denied all allegations that he abused his mother's trust - saying that he cared about her more than anyone else.

Astor, known for decades as the grande dame of New York society and philanthropy, gave away nearly $200 million to institutions such as the New York Public Library and Carnegie Hall and to other causes.

In the final year of her life, the nasty family feud over her care was splashed all over the city's tabloids - including allegations that she was forced to sleep in a torn nightgown on a couch that smelled of urine while subsisting on a diet of pureed peas and oatmeal.

One of the tabloids Tuesday morning ran the headline "Crook Astor."

Astor's friends, Annette de la Renta, the wife of designer Oscar de la Renta, and David Rockefeller, the banker and philanthropist, both signed affidavits supporting Philip Marshall's claims.

The grand jury heard testimony for almost a month on how Marshall and Morrissey managed Astor's estate and documents related to it. Philip Marshall, a professor at Roger Williams University in Rhode Island, testified before the grand jury, according to his spokesman, Frazier Seitel.

© MMVII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
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Add a Comment See all 17 Comments
by Krazcarl November 27, 2007 7:12 PM EST
some folks make me look respectable this is one..
Reply to this comment
by libsluvsuvs November 27, 2007 7:06 PM EST
and they said money can buy you happines
Reply to this comment
by house015 November 27, 2007 6:41 PM EST
If you read up on this story it would appear that the grandson doesn''t stand to benefit from any of this, so I suspect he was on to something. He doesn''t seem to be trying to jail his father, simply to keep him from meddling any more in the grandmother''s money. Oh, and there are PLENTY of crooked 83 yrs olds in the world, so don''t expect any pity from me based solely on age. Jerks age the same as nice people, and greed does not magically disappear as you near death. For example, my own grandfather was an a** at middle age when he abandoned his family, and remained so through senility and up to his death at 77. No pass for the old pharts!
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by gramto7 November 27, 2007 5:33 PM EST
died*
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by gramto7 November 27, 2007 5:32 PM EST
These people are disgusting. Who''''s pressing charges, the grandson? Why? Did he think that money should have gone to him and not his Father? Disgusting greed. Trying to put away his 89 year old father all for money, only three months after the woman died.

And you know every one of them have millions, it''''s just not enough free money they inherited or swindled other family out of.

Posted by lochlan


In case you weren''t paying attention, the grandson started bringing up the accusations long before Mrs. Astor dies. He said way back then that his father had taken her money and was not giving her the care she needed. Seems he was right!
Reply to this comment
by rgold02 November 27, 2007 5:32 PM EST
Pure greed!~
Reply to this comment
by lochlan-2009 November 27, 2007 5:27 PM EST
These people are disgusting. Who''s pressing charges, the grandson? Why? Did he think that money should have gone to him and not his Father? Disgusting greed. Trying to put away his 89 year old father all for money, only three months after the woman died.

And you know every one of them have millions, it''s just not enough free money they inherited or swindled other family out of.
Reply to this comment
by lochlan-2009 November 27, 2007 5:27 PM EST
These people are disgusting. Who''s pressing charges, the grandson? Why? Did he think that money should have gone to him and not his Father? Disgusting greed. Trying to put away his 89 year old father all for money, only three months after the woman died.

And you know every one of them have millions, it''s just not enough free money they inherited or swindled other family out of.
Reply to this comment
by sandy19731 November 27, 2007 5:13 PM EST
The Aristocrats!
Reply to this comment
by rowdytexan2 November 27, 2007 5:02 PM EST
...what''s the old song? "Money can''t buy love...."

Strange isn''t it. Doesn''t matter whether we''re rich or poor, we''re all subject to someone else once we can no longer function independently.

Terribly depressing stuff to read.
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