Anne Hathaway ex agrees he owes over $5m

17:00 AEDT Tue Dec 16 2008

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Actress Anne Hathaway's former boyfriend has admitted he owes millions to cheated investors.

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The Italian ex-boyfriend of actress Anne Hathaway has agreed he owes more than $US3.6 million ($A5.39 million) to those he ripped off in a real-estate scam.

Federal prosecutors said in New York court papers on Monday that Raffaello Follieri has agreed to pay restitution of $US2 million ($A3 million) to Toronto-based Dundee Realty.

They say he has agreed to pay $US813,000 ($A1.22 million) to Yucaipa Corporate Initiatives Fund and $US40,000 ($A59,925) to an Atlantic City monsignor.

Follieri is serving 4 years in prison after pleading guilty to cheating investors. Prosecutors say he falsely claimed Vatican connections would let him buy church property cheap.

Follieri's lawyer did not immediately return a telephone message seeking comment.

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