Celebrity Bilker Engaged

By Stephen M. Silverman

10/02/1997 at 12:00 AM EDT

Imprisoned former money manager to the stars, Dana Giacchetto, 37, has asked his girlfriend, Allegra Brosco, 32, to marry him, she has told New York magazine. No date has been set. Although they wished to marry before Giacchetto (who last year, amid sobs in court, pled guilty to one count of fraud) is sprung from jail, the couple has decided to hold off on the wedding, on the advisement of their parents. "We've caused them enough pain already," said Brosco. Among the clients Giacchetto reputedly bilked (using their money to support his flamboyant lifestyle) were Cameron Diaz, Ben Stiller, Q-Tip and Leonardo DiCaprio. "Losing Leo (as a client) was like losing a brother," Brosco said of her fiancée. Giacchetto faces between 46 and 57 months in jail.