Raffaello Follieri: Released From Prison! Deported!

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Raffaello Follieri, who first came to celebrity gossip prominence by being served by Anne Hathaway on a yacht, has served his time in federal prison for fraud.

Hathaway's infamous ex, who pleaded guilty to 14 counts of wire fraud, money laundering and conspiracy in October 2008, will soon walk free. Just not here.

He will be released and immediately deported to his native Italy.

Raffaello Follieri Photo

The former real estate developer, whose schemes allegedly consisted of convincing rich investors to buy historic properties by falsifying ties to the Vatican, will be handed to federal officials who will then put his ass on a boat.

Or a plane, more likely. A boat just sounds more degrading.

Raffaello Follieri's rep, who met with him at Pennsylvania's Loretto federal prison this week, explained to the New York Post on Wednesday:

"It is my understanding from counsel, that he is indeed to be transferred into the custody of ICE for immediate processing and subsequent deportation back to Italy where he is expected to be released into the care of his family."

"[He] expects to resume his role at the helm of the Follieri Group."

That's one Group that clearly values its business reputation.

Hathaway, who today is engaged to Adam Shulman, called things off with her Italian businessman beau right before he was indicted.

[Photo: WENN.com]

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ARRIVEDERCI! how do you spell, type o?