UPDATE: Uma Thurman Defrauded, Key Witness In $30 Million Ponzi Scheme
Posted on May 27, 2010 @ 02:21PM - Add a comment
Uma Thurman was defrauded of $1 million in an alleged Ponzi scheme, according to a new report.
Kenneth Starr, a New York investment advisor to the stars, was arrested and charged Thursday in New York in connection with a huge Ponzi scheme in which he "engaged in fraudulent activity involving at least 30 million dollars," according to court documents obtained by RadarOnline.com.
READ THE COURT DOCUMENT: Celebs Caught Up In $30 Million Ponzi Scheme
In the court document, law enforcement authorities describe two anonymous clients who were allegedly defrauded by him and his firm.
“No. 2” is identified as an “actress”, who hired Starr to pay her bills and do her taxes.
The Daily Beast is reporting “No. 2” is indeed Pulp Fiction and Kill Bill star Thurman.
On April 26, “No. 2” -- Thurman -- marched into Starr’s offices demanding to know where $1 million of her money had gone.
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Within a day, the money had been returned to her, but the feds allege that it was not her money being paid back to her. Rather, it was the money of “Client 3” -- a former talent agent and his wife.
“Client 3” is reportedly talent agent Jim Wiatt, the former head of William Morris and another client of Starr’s firm.
Starr is also charged with ripping off his clients for millions and buying himself an Upper East Side condo for $7.5 million with the proceeds.
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He had more than $700 million in assets under management, the feds claimed.
"He transferred funds from one client to another client," according to the criminal complaint.
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Starr's client roster reads like a who's who of celebrity.
He was the money manager for A-list celebrities such as director Martin Scorsese, actor Wesley Snipes and photographer Annie Leibovitz as his clients.
Henry Kissinger and Caroline Kennedy are also reportedly linked to Starr.
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Convicted swindler Bernie Madoff -- who is now serving a 150-year prison sentence after pleading guilty to defrauding investors of as much as $65 billion -- also had a list of famous clients, including baseball legend Sandy Koufax, and actors Kevin Bacon and John Malkovich.
READ THE COURT DOCUMENT: Celebs Caught Up In $30 Million Ponzi Scheme
Posted on May 27, 2010 @ 01:12PM - Add a comment
A cavalcade of stars -- including Uma Thurman, Martin Scorsese, Wesley Snipes, Henry Kissinger and Caroline Kennedy -- have been caught up in what federal authorities believe is another huge Ponzi scheme.
Kenneth Starr, a New York investment advisor to the stars, was arrested and charged Thursday in Manhattan in connection with a huge Ponzi scheme in which he "engaged in fraudulent activity involving at least 30 million dollars," according to court documents obtained by RadarOnline.com.
COURT DOCUMENTS: Read The Complaint
Authorities said Starr -- who is no relation to the prosecutor who investigated the Bill Clinton-Monica Lewinsky scandal -- faces charges of investment fraud, tax fraud and other charges.
It’s alleged Starr defrauded an unnamed actress, who hired him to pay her bills and do her taxes, out of at least $1 million.
He is also charged with ripping off his clients for millions and buying himself an Upper East Side condo for $7.5 million with the proceeds.
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Starr had more than $700 million in assets under management, the feds claimed.
"He transferred funds from one client to another client," according to a criminal complaint against Starr, whose son Andrew Stein was also booked in connection with covering up the alleged scheme.
PHOTOS: Celebs Involved In Murder
Starr's client roster reads like a who's who of celebrity.
He was the money manager for A-list celebrities such as director Martin Scorsese, actor Wesley Snipes, actress Uma Thurman and photographer Annie Leibovitz as his clients. Henry Kissinger and Caroline Kennedy are also reportedly linked to him.
PHOTOS: Hollywood’s Dirtiest Divorces
Convicted swindler Bernie Madoff -- who is now serving a 150-year prison sentence after pleading guilty to defrauding investors of as much as $65 billion -- also had a list of famous clients, including baseball legend Sandy Koufax, and actors Kevin Bacon and John Malkovich.
