Star Scammer Suspect

By Stephen M. Silverman

10/05/1998 at 12:00 AM EDT

Wall Street money manager Dana Giacchetto -- whose clients included Courteney Cox Arquette, Matt Damon and the rock band Phish -- had his day in a Manhattan federal court yesterday. He was charged with allegedly stealing $6 million from his celebrity clients and then released on a $1 million bond. (To meet the financial demand, Giacchetto's parents reportedly mortgaged their home.) Pressed by reporters outside the courtroom to answer the charges against him, Giacchetto, 37, snapped, "Leave me alone. I'm innocent." Giacchetto's lawyer, Andrew Levander, told Judge Andrew Peck that his client wants to get on with his life, and plans to become a Hollywood agent.