Sylvester Stallone and Wesley Snipes’ Financial Adviser Kenneth Star charged for Fraud

Kenneth Starr, an American lawyer is notable for his tenure as an Independent Counsel while Bill Clinton was United States President.

Recently, Starr, 65 of Manhattan was charged with running $30 Million Ponzi Scheme for wire fraud. He is also charged for investment fraud and money laundering. Starr was awaiting an initial appearance in federal court in Manhattan.

Starr is a financial adviser to celebrities including Sylvester Stallone and Wesley Snipes. His arrest on Thursday stated that some of the money committed from fraud on his clients were used to purchase a lavish Manhattan apartment.

Also arrested was Andrew Stein, former New York City Council President, who was charged with making false statements a federal officer and making false statements in a filing with the IRS, or Internal Revenue Service.

Lawyers for Starr and Stein didn’t respond to telephone messages seeking comment immediately.

Related posts:

  1. Lawrence Taylor: Charged With Rape
  2. Investigation in Time Square: Search warrants executed
  3. Faisal Shahzad: NY Bomb Suspect, Still Being Interviewed By the Investigators