The show “Scorned: Fatal Fury: Money Can’t Buy You Life” on Investigation Discovery tells the shocking story of a New York City couple whose husband is worth a lot of money.
Ted Ammon died in October 2001 at the age of 52 in East Hampton, New York. It took investigators about 5 years to find out who killed him, despite increasing media pressure. Interested and want to know who did it and where they are right now? Don’t worry, we’ll take care of that for you.
How did Ted Ammon die?
Robert Theodore “Ted” Ammon was born on August 30, 1949 in Pittsburgh, Allegheny County, Pennsylvania. His father, Robert E. Ammon, was a pension coordinator and his mother, Betty Lee Morris, was a homemaker. He grew up poor in East Aurora, New York, and went to Bucknell University to study economics. He joined Phi Gamma Delta where he was very popular. In his sophomore year, he played on the college lacrosse team.
He was a great student and he passed the US and English bar exams without going to law school. He then moved to New York and worked in law firms. Ted got a job at Kohlberg Kravis Roberts when Wall Street was booming in the 1980s. This was the beginning of his rise to wealth and fame. When he met and married Generosa LeGaye Rand Ammon in February 1986, he was already worth millions of dollars and had survived a failed marriage to Randee Day that bore him no children.
On October 22, 2001, his partner Mark Angelson went to his East Hampton weekend home to check on him after Ted failed to show up for a business meeting or plans he had made with his 11-year-old twin children. Alexa and Gregory. He was found naked and dead in his bed. His autopsy report states that Ted’s head had at least 30 cuts, bruises, and broken bones caused by a blunt object. It was also said that he had been knocked unconscious with an electric baton before the fatal blow.
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Who took the life of Ted Ammon?
Ted was found dead at his weekend home. He and his wife Generosa were in the middle of a very expensive divorce. In New York’s high society, people started talking about how she and her new boyfriend, Daniel Pelosi, helped kill her husband. Generosa filed for divorce in 2000 because she thought her husband was cheating on her with a colleague.
Generosa was demanding half of Ted’s fortune, and her attorneys had tough talks with Ted’s attorneys when she fell in love with Daniel, a Long Island electrician. The couple are said to have lived in luxury on Ted’s money while she and her lawyers went through his finances and made outrageous claims. But as the divorce process began, Generosa was shocked to learn that her husband wasn’t worth as much as she thought.
Generosa was upset that the divorce settlement did not meet her needs and that her request for sole custody of the children was denied. There were rumors in the tabloids that she killed her husband to get his entire fortune, which was worth almost $100 million and was left to her alone in his will. It got worse when she married Daniel in January 2002, just four months after the murder.
But it wasn’t long before police suspected Daniel of killing his girlfriend’s ex-husband. Investigators charged Daniel with second-degree murder after hearing from several people, the most important of which was Daniel’s father. A former cellmate of Daniel’s said Daniel admitted to him that he committed the crime while they were both in prison. That was the most damning evidence. As evidence, he provided some of the sordid details he is said to have written in a magazine.
Where is Dan Pelosi right now?
Before Daniel went to trial, prosecutors demanded that Generosa testify against him in exchange for immunity before a grand jury. Generosa did not participate in the study and died of breast cancer before it began. Daniel was found guilty of second degree murder in 2004 and got 25 years in prison. Official court records say he is incarcerated at Great Meadow Correctional Facility in Comstock, New York and will not be able to get out until August 2031.
Daniel said in his 2012 appeal that Generosa hired one of her ex-husband’s crew members, Chris Parrino, for $50,000 to kill her ex-husband. Chris’ lawyers denied the allegations, and Daniel’s appeal was ultimately dismissed.
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Ted Ammon was born on August 30, 1949 in Pittsburgh, Pennsylvania. His father, Robert E. Ammon, was a pensions coordinator at Shenango Furnace Co., Neville Island, and his mother, Betty Lee Morris, was a homemaker. Ted went to Bucknell University and graduated. After graduating from Bucknell, he joined Bank of America’s Executive Education program. Randee Day, his first wife, was also on the show. In 1973 they married and moved to England. Ted passed the New York bar first time, despite never having gone to law school.
When the Ammons moved back to the US, he got a job at Lord, Day and Lord. He then worked at the law firm of Mayer, Brown and Platt. Kohlberg, Kravis, Roberts & Co., then a small investment firm, was a client of this firm (KKR). In 1983, after working as an attorney on a deal for KKR and divorcing his first wife, Ammon was hired by a private equity firm that conducted leveraged buyouts. Ammon was an associate at Kohlberg, Kravis, Roberts & Co. from 1984 to 1989 and a general partner from 1990 to 1992. He worked on many deals, including Nabisco’s well-known $31 billion acquisition of RJ Reynolds. He joined his peers to become a multi-millionaire and the book Barbarians at the Gate: The Fall of RJR Nabisco quotes him many times. In the May 2002 issue of Gotham, Russ Baker wrote, “He was on the wild ride as KKR grew into one of the most aggressive and well-known leveraged buyout firms on Wall Street.”
Ammon left KKR in 1992 to start his own company, Big Flower Press. The company became the best at printing advertisements for newspapers. Ammon’s goal was to connect with newspapers across the country and then give them other things they needed. Vertis Holdings, Inc. is now Big Flower’s name. Through more than thirty acquisitions, the company has grown into a leading international provider of integrated marketing services, including high-quality printing, advertising and imaging technology.
In 1995 Vertis went public. In 1999, a group of investors including Ammon bought it in a private deal dubbed a “leveraged recapitalization.” Ammon served as the company’s CEO from early 1997 until April 1997. From early to December 2000 he was also Chairman of the Board. Vertis faced major changes in the market such as: Vertis and Ammon worked out a separation/severance agreement that was good for both companies. During his time at Vertis, Ammon assembled a “deal team” and venture capital program. He also ran an in-house venture business. He had also formed a number of holding companies that retained most of his ownership interests.
These companies put money directly into public and private enterprise, as well as the Internet, media, marketing and management services, and technology. Printing and digital technology, diagnostic radiology, long distance, and biopharmaceutical innovation were some of the areas in which these companies were active.
Ammon managed his team’s venture capital investments after leaving Vertis. He did this through the companies he founded. Much of the money Vertis gave Ammon was used to help him start investing. Moore Corporation Limited, a Vertis competitor, and National Imaging Associates, Inc., a company that provides healthcare services, were two of the most profitable investments.
divorce and murder
Things got bad between them when Generosa found a receipt for a divorce lawyer in Ammon’s desk. They were about to divorce when he was found dead at his weekend home in East Hampton, NY on October 22, 2001. Since their divorce was not finalized and Ammon’s will had not been amended, Generosa received 50% of his estate and the remainder went to the Ammon Foundation as specified in his will. Generosa married Daniel Pelosi on January 15, 2002. She then sold the properties she had owned with Ammon.
Along with Generosa, JPMorgan Chase & Co. was entrusted with the estate. In the end, Generosa’s estate took over from Ammon. The property did not change hands until her death.
Pelosi was found guilty of the murder of Ammon in December 2004 and received a life sentence of 25 years. He still says he’s innocent.
Ammon established the largest grant fund at Bucknell. He has a net worth of approximately $100 million. He then added a Challenge/Matching Grant to the program, which gave other people more reasons to give to the school he attended. He was on the board of directors of the YMCA and the Municipal Art Society. He worked closely with Wynton Marsalis at Jazz at Lincoln Center, where he became chairman.
Greg and Alexa Ammon presented a $1 million gift from the Ammon Foundation to the R. Theodore Ammon Archives and Music Library at Jazz at Lincoln Center on October 22, 2012. “Ted thought that without the archive and music library, this institution could not be trusted. Students and jazz fans from around the world can use the Ammon Archives and Music Library,” said Wynton Marsalis, director of business and arts at Jazz at Lincoln Center. “Because my father loved jazz at Lincoln Center, my sister Alexa and I decided to honor him by giving him this name gift to help keep the music he loved alive. Wynton’s plan for The Ammon Archive and Music Library aligns with my father’s goal of making jazz a part of the lives of people around the world,” said Greg Ammon.
On November 15, 2012, Jazz at Lincoln Center hosted a private ceremony to open the Ammon Archives and Music Library. Later that evening, Greg Ammon’s documentary 59 Middle Lane premiered in New York City. The Jazz at Lincoln Center and the Evan B. Donaldson Adoption Institute received money from the premiere event.
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