A Lurid Aftermath to a Hedge Fund Manager’s Life

[EV_Ares]

By ANDREW ROSS SORKIN - Published: December 4, 2007

JUPITER, Fla. — A life of private jets and black-tie balls ended with Seth Tobias, a wealthy investment manager and a familiar presence on CNBC, floating face down in the swimming pool of his mansion here.

Seth Tobias, a regular guest on “Kudlow & Company” on CNBC, was found dead in the pool of his home in Florida. His brothers say his wife killed him.
It was just after midnight on Sept. 4 when Mr. Tobias’s wife, Filomena, frantically called 911. “Please send somebody, please!” Mrs. Tobias screamed. “He’s not breathing!” By the time the police arrived, she had pulled her husband’s body to the edge of the pool, where she cradled his head in her arms, sobbing.

Mr. Tobias, who was 44 years old, had apparently suffered a heart attack, his brother Spence said at the time. The police did not consider his death suspicious.

But now an unfolding drama over Mr. Tobias’s estate is providing a lurid account of fast money and faster living in the volatile world of hedge funds. Mr. Tobias’s four brothers and Mrs. Tobias are locked in a legal battle over the estate, which is worth at least $25 million. And, in a civil complaint, they have gone so far as to accuse her of murder.

The brothers, Samuel, Spence, Scott and Joshua, claim Mrs. Tobias drugged her husband and lured him into the pool. Bill Ash, a former assistant to Mr. Tobias, said he had told the police that Mrs. Tobias confessed to him that she had cajoled her husband into the water while he was on a cocaine binge with a promise of sex with a male go-go dancer known as Tiger.

Mrs. Tobias’s lawyers call the claims outrageous. She has not been accused of any crime.

The mystery deepened when it emerged that Mrs. Tobias spent $9,628 to have the pool drained and resurfaced days after her husband died, according to documents filed in an unrelated case.

rest of the article @ NY Times link: http://www.nytimes.com/2007/12/04/business/04tobias.html?em&ex=1197090000&en=755b069ecda858a3&ei=5087%0A

[glowing]

1. I would too.. dead body floating in the pool and all... It would be one

of those irrational things I would do in order not to remeber. Of course, maybe she wanted him dead... most rich don't marry for love.

[bigscott]

2. i am not sure i would want to keep the house

even a mansion, if my partner died in the pool. Esp if I killed him

just sayin':evilgrin: