Man Indicted in Ammon's Death
GARDEN CITY, NY—Nearly two and a half years following his mysterious death, an indictment has been handed down in the murder of former Moore Corp. executive Ted Ammon.
The Associated Press reported that Daniel Pelosi, an electrician who married Ammon's widow, Generosa, has been indicted in the death of then-Moore Corp.'s non-executive chairman. An autopsy showed Ammon died of blunt trauma to the head. Pelosi's attorneys told the AP that their client would plead not guilty.
Following her husband's death, Generosa Ammon married Pelosi in January of 2002, but the marriage lasted just a year. She died of cancer last August at the age of 46.
Ted and Generosa Ammon were just days away from finalizing an ugly divorce when he was found dead in his East Hampton, NY, home on October 22, 2001, by a colleague with Chancery Lane Capital. Ted Ammon had founded that company and was its chairman. The subsequent investigation surrounding his death and Generosa Ammon's relationship with Pelosi made for salacious headlines in the New York tabloids.
Ted Ammon made his mark in the printing industry when he burst on the scene as a partner in the Manhattan private equity firm of Kohlberg Kravis Roberts & Co. He founded Big Flower/Vertis Holdings, which grew to a multi-billion dollar company. In December of 2000, Ammon—whose personal wealth was believed to exceed $100 million—and Chancery Lane purchased a 20 percent stake in Moore Corp.