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Broadway producer Adela Holzer, who was arraigned Friday on two counts of grand larceny, appeared Wednesday in a felony hearing in New York City Criminal Court. Holzer, who has been held without bail since her arrest Friday, has been charged with stealing more than $350,000 from investers in oil and mineral projects after telling them she was married to banker David Rockefeller and would place investments with him on a guaranteed high rate of return, District Attorney Robert M. Morgenthau said. Rockefeller, the former chairman of Chase Manhattan Bank, does not know Holzer and has never had any business dealings with her, according to the district attorney. Holzer, who served a prison sentence several years ago on a fraud conviction, was a big investor in the 1968-69 Broadway smash "Hair" and subsequently produced a number of Broadway shows, including "All Over Town," "Truckload," "Bad Habits" and "The Ritz." She mounted an unsuccessful attempt to return to the New York theater earlier this season as the producer of two so-called "pop operas," "Senator Joe" and "Nimrod and the Tower of Babel." No trial date has been set, the district attorney's office said.

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