The most stringent bounds on the anomalous magnetic and electric dipole
moments of the tau lepton was derived by Escribano and Mass\'{o}[6] from the Z
width at LEP in an effective lagrangian approach to the new physics. In this
paper we point out that the higher dimensional operators introduced by
Escribano and Mass\'{o} not only modify the neutral currents of the tau lepton
to Z gauge boson and the photon, but also induce lepton flavor violation (LFV).
The size of the LFV effect depends crucially on the dynamics of the lepton mass
generation. Assuming the lepton mass matrices in the form of an Fritzsch
ansatz, we point out that the experimental limit on μ→eγ will
push the anomalous magnetic and electric dipole moments of the tau lepton down
to 10−11 and 10−25ecm respectively.Comment: 6 pages, latex, no figure