TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Fumo's children sue him for raiding $2.5 million trust

Daily Photo Galleries

By The Associated Press
Friday, July 12, 2013, 2:57 p.m.
 

PHILADELPHIA — A long-powerful Pennsylvania lawmaker is set to leave prison next month, but Vincent Fumo's children now accuse him of raiding their trust fund.

The 70-year-old Fumo netted more than $13 million from a family bank, and made millions more as a lawyer and senator. He's finishing a five-year prison term for stealing $4 million from the senate and two charities.

Fumo's assets are quickly dwindling, given millions spent on defense lawyers, restitution and back taxes.

Fumo's children had agreed to loan him $1.5 million from the $2.5 million trust. But in a lawsuit, they accuse Fumo of switching terms of the loan, and naming his fiance's brother-in-law to oversee the fund.

Vincent E. and Allison Fumo supported their father at his 2009 trial — but said in court this week they no longer trust him.

 

 
 


Show commenting policy

Most-Read Stories

  1. Hays ‘eagle cams’ reinstalled for 2015 nesting season
  2. Penguins’ Crosby details his mumps experience
  3. Starkey: Pederson had to go at Pitt
  4. West Virginia offensive coordinator takes job with Kentucky
  5. Steelers, young and old, thirst for opportunity to reach the postseason
  6. Judge dismisses littering charge against City Council president Kraus
  7. Chryst returns home, named football coach at Wisconsin
  8. Arnold Stop-n-Go robbed
  9. Ligonier man’s sentences for slayings upheld
  10. Developer reveals Buncher plans for 400 Strip District apartments, townhomes
  11. In Pittsburgh charges, feds target Uganda-based counterfeiting ring
Subscribe today! Click here for our subscription offers.