Oct 8, 2008 10:09 am US/Pacific
Man Pleads Not Guilty In His Wife's Murder
Pamela Fayed Was Fatally Stabbed In A Century City Parking Garage
LOS ANGELES
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Pamela Fayed was stabbed to death in a Century City parking garage July 28, 2008.
CBS
James M. Fayed and his former employee, Jose Luis Moya, Wednesday both pleaded not guilty in the stabbing death of Fayed's estranged wife in a Century City parking garage.
Moya, 47, worked for Fayed as a ranch manager and prosecutors say he allegedly drove the getaway car when Fayed's 44-year-old wife, Pamela, was stabbed to death on July 28. She and her husband had reportedly been fighting over assests.
The couple jointly owned Camarillo-based Goldfinger Coin and Bullion Sales and an associated Internet firm, E-Bullion.
A month before she was killed, Pamela Fayed reportedly offered to help federal prosecutors in the criminal probe into the business.
Prosecutors allege Fayed may have killed his wife so she would not testify against him in a criminal case related to his business, an operation the prosecutor described as Ponzi schemes in which individuals invested up to $20 million.
The couple was engaged in divorce proceedings at the time of the killing, and prosecutors noted in court documents that James Fayed was expected to be ordered to pay about $1 million in spousal support and attorney fees on July 29 -- the day after his wife was killed.
The couple had two children, an 18-year-old daughter from Pamela's first marriage, and a 9-year-old daughter.
(© 2008 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)
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