Socialite Annie Churchill has split from her husband, Andrew Albert, who faces up to 4 1/2 years behind bars after he pleaded guilty to felony grand larceny charges for defrauding investors in a shopping Web site.
The couple’s separation is just the latest chapter in a scandal that’s the talk of New York social circles, and sources say Churchill is now lying low at her wealthy mother Barbie Bancroft’s Locust Valley home.
Albert’s sentencing is scheduled for May 22. His term might be reduced to one to three years if he promises to repay investors $50,000 of the $590,000 he was accused of misusing.
Well-liked Churchill, who lost a starring role on “The Real Housewives of New York City” over her husband’s legal woes, is known as a fixture at fashion shows and high-society galas. She also regularly rubs elbows with socials including Fabiola Beracasa, Amanda and Gillian Hearst and designer Douglas Hannan t, for whom she is a muse. It has been widely, but erroneously, reported that Churchill’s first husband is a grandson of Winston Churchill.
Sources say Churchill and Albert had already separated when he pleaded guilty this week, and she’s now going to pursue a divorce after three years of marriage.
Albert was accused of using money from multiple investors — put up for a site called On1Ave.com, which never launched — to fund his and Churchill’s lavish lifestyle, including for groceries, clothes and pet care.
Even with the loot, the pair reportedly fell behind on rent on a West Village apartment and had faced eviction at one time.
A source said that ”Annie’s parents disapproved of Andrew but she truly loved him, she stood by him through tough times but learned the hard way.”
Churchill had no comment regarding the separation. She also said that rumors she was moving to Napa to start a new life working at a winery were not true. [Page Six]