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It took a tragedy not far removed from Wayne Rogers to wake him up when it came to money and how to handle it. According to an interview he gave to the Financial Intelligence Report, Wayne had first met Peter Falk when the two shared a room in New York City. Falk, an accomplished film, stage and television actor, later suffered a financial trauma not uncommon to many other celebrities. In the 1970s while both the longtime friends were living and working in Hollywood, Peter Falk became a victim of fraud.