Anne Hathaway’s boyfriend, Italian businessman Raffaelo Follieri, is in hot water over a bad financial deal again. It seems Follieri, who is quickly becoming the new Stephen Belafonte, wrote a $250,000 check to a PR agency- and it bounced. Shad-y.

Anne Hathaway’s Italian stallion was just arrested by NYPD for allegedly bouncing a real big check his ass couldn’t cover. Follieri went willingly with police officers — no handcuffs — to work out the check fiasco. His lawyers, we hear, are sorting it out and he is now out of police custody.

Police tell us Zac Braff-alike Raffaelo Follieri was popped for one misdemeanor count of issuing a bad check — he’s still in police custody, being booked. A source tells TMZ that the check was written for around $250,000, and when the bank said insufficient funds, it wasn’t even close. Apparently, the devil wears knock-offs!

That’s hardly the end of the bad news for Follieri. A DC court just ordered him to pay almost $250,000 to a PR firm that he still owes for work they did.

[From TMZ]

If you recall, Follieri, who is quietly disliked in Hollywood for apparently living off his A-list girlfriend, was sued last May by a supermarket mogul for mishandling $55 million of his money, and was accused of mismanaging funds from a charity foundation he set up with Hathaway. Anne, honey, take my advice and run far, far away from this clown before you end up Amy Winehouse to his Blake. The dude’s bad news.

Anne Hathaway and Raffaelo Follieri are shown outside the Waverly Inn on 3/9/08, thanks to WENN.