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Moneyman's gonna getcha
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April 5, 2000 | Tinseltown is reeling from the news that Dana C. Giacchetto -- high-flying money manager to Ben Affleck, Matt Damon, Leonardo DiCaprio, Cameron Diaz and Michael Ovitz, among others -- allegedly diverted $20 million from his high-profile clients and pocketed more than $6 million. He was charged with three criminal counts on Monday and may face as many as 20 years in the slammer and millions of dollars in fines. Giacchetto was known for his lavish lifestyle and penchant for dropping names. And while some clients began to defect late last year (after he signed an affidavit admitting that he had misappropriated $3.9 million from the band Phish and $968,900 more from accounts held by Phish's manager), this week's news has apparently come as a shock to many. Amy Reiter Amy Reiter's column appears daily on the People site, Monday through Friday.
Got a hot tip? Tell Amy! People are "freaking," one industry insider who says he declined to invest with Giacchetto because he "smelled a rat early on" tells me. "But when your financial advisor is out partying more than you, you should start worrying." - - - - - - - - - - - - Roberts-free romance? "It's probably the first romantic comedy in five years without Julia Roberts in it -- and that's going to be a difficult sell." -- David Duchovny on "Return to Me," in which he stars with Minnie Driver, in the Calgary Sun. - - - - - - - - - - - - Unlucky Leo More bad news for Leonardo DiCaprio: ABC News is dissing him big-time. ABC News President David Westin is apparently none too pleased with the press calling DiCaprio's sit-down with President Clinton on Friday an official interview. "We did not send him to interview the president," Westin reportedly e-mailed ABC staffers this weekend. "No one is that stupid." Harsh! Westin claims that ABC sent the actor to do a "walk-through" of the White House -- to check out the ways it has been "greened" -- in conjunction with his Earth Day 2000 chairman duties. But while Leo was there, the news honcho told the Washington Post's Howard Kurtz, "the president announced he wanted to sit down and do an interview with DiCaprio ... it's awfully hard to say, 'No, no, Mr. President.'" Funny, that's just what Monica Lewinsky said. - - - - - - - - - - - - Just a stay-at-home gal Kim Basinger, butch? So sayeth she. "I have to act to be sexy," Basinger recently told Vanity Fair. "I'm not very good at being a 'girl,' for the type of man who loves that kind of thing. I'm a clean person; I'll put on a little makeup, but I'm basically not a very feminine girl." But Basinger apparently has a few problems even a little lipstick won't fix. Primarily agoraphobia. Her fear of public places, she says, is something she's struggled with since childhood -- and has at times kept her house-bound for months on end. Well, for the type of man who loves that kind of thing ... - - - - - - - - - - - - Juicy bits Scientology just got a brand-new member. John Travolta and Kelly Preston welcomed their daughter, Ella Bleu, into the world on Monday. No word as yet on whether the couple stuck to their plans for what Scientologists call a "quiet birth," in which the delivery room is kept quiet so that, as Travolta explained on "Entertainment Tonight," "there's nothing recorded in the child's mind that shouldn't be there while there's pain going on." Preston was allowed to moan, but, according to Travolta, "Any people saying any kind of negative verbiage may adversely affect the baby later on." Easy for him to say. Talk about a power surge! Last year, Time Warner CEO Gerald Levin wasn't ranked in Premiere magazine's 1999 list of the 100 most powerful people in the entertainment industry. But according to the Hollywood Reporter, thanks to Time Warner's planned merger with AOL, Levin's now sitting spiffy at the very tippy top of the magazine's 2000 Power List, outranking News Corp's Rupert Murdoch, Viacom's Sumner Redstone, Disney's Michael Eisner and DreamWorks' Steven Spielberg. Oh, what a little merger will do. Goodbye, Dolly. Hello, Auntie Mame? TV Guide reports that Barbra Streisand is co-producing a television version of the Broadway musical "Mame." She hasn't yet revealed whether she'll star in the production, but a source told the magazine that Babs is "dying to play Mame and is determined to get a script that suits her, even if she has to write it herself." Just when reclusive ABBA singer Agnetha Faltskog was considering reviving her musical career, she finds herself victim of a stalker. The Swedish daily Expressen reports that an obsessed Faltskog fan was detained over the weekend after the singer told police that he'd been harassing her for three years, sending her some 300 letters, phoning her as often as three times a day and following her wherever she went. Couldn't he have just said "Thank you for the music" and left it at that?
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