Kenneth I. Starr, the money manager who pleaded guilty to fraud in September, should stay in jail until he's sentenced because of a series of e-mails in which he expressed “extraordinary contempt” for his brothers, who would guarantee his bail, U.S. prosecutors argued.
The U.S. Securities and Exchange Commission sued an attorney for Kenneth Starr, claiming he helped the former New York money manager steal more than $25 million from investors.
Kenneth Starr, who pleaded guilty in September in a $59 million fraud case, was sued by Bank of America Corp. over an unpaid $500,000 debt.
The receiver for firms once controlled by jailed money manager Kenneth I. Starr sued filmmaker Martin Scorsese and his production company for about $600,000.
Money manager Kenneth I. Starr faces a Nov. 1 criminal trial on charges that he defrauded his celebrity and socialite clients of at least $59 million.
Kenneth I. Starr knew how to cultivate relationships with powerful people, and he did it in the most transparent way -- by serial name-dropping.
Kenneth Starr, the investment adviser accused in a criminal indictment of stealing at least $59 million from clients, was sued by City National Bank, according to state court records in New York.
Kenneth Ira Starr, the New York investment adviser who represented actors Sylvester Stallone and Wesley Snipes, was indicted for stealing at least $59 million from clients, almost double the amount previously thought. <b><a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100527&Kategori=FREE&Lopenr=527009999&Ref=PH>Starr studded: Adviser's celebrity client list</a></b>
Less than 24 hours after federal prosecutors revised their estimate of Kenneth Ira Starr's alleged theft to at least twice as large as their original figure of $30 million, the financial adviser to the stars denied any wrongdoing in a brief court appearance.
Kenneth Ira Starr, the New York investment adviser who faces federal charges that he defrauded his celebrity and socialite clients, denied wrongdoing today in a brief court appearance.
Lawyer Abbe Lowell appeared in court to at least temporarily represent jailed money manager Kenneth Starr and his wife and urged the U.S. Securities and Exchange Commission not to be “heartless.”
A Canadian national who the U.S. government says swindled $70 million from 40,000 investors on six continents carried out the same kind of Ponzi scheme the one-time bank robber mocked on his website, federal investigators allege.
The publicity surrounding Kenneth Starr's arrest constitutes another black eye for the financial advice business. A look at the details of the case reveals something many advisers already know: custody matters<br><a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100527&Kategori=FREE&Lopenr=527009999&Ref=PH><b>Gallery</b>: Kenneth Starr's A-list roster of clients</a>
U.S. Attorney Preet Bharara (above) said that investigators were searching Ken Starr's office and are trying to freeze 23 bank accounts as they search for more high-profile victims of the financial adviser, who was arrested for fraud yesterday. <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100527&Kategori=FREE&Lopenr=527009999&Ref=PH&nocache=1&Params=Itemnr=1><b>A-List:</b> A look at Kenneth Starr's famous clients</a>
As the Securities and Exchange Commission continues its investigation of New York-based celebrity adviser Kenneth Starr and his alleged $30 million fraud, custody is emerging as a central issue.
A decision by Australia's high court clears the way for investors to sue the firm -- or what's left of it
Hedge fund managers in the U.S. and Europe did a good turn for the Securities and Exchange Commission, and helped uncover an attempt at insider trading involving an employee of Walt Disney & Co.
The U.S. brokerage industry's top regulator, responding to yesterday's market plunge, said Wall Street needs to be more vigilant in halting stock bids during periods of cascading share prices
Clients may not be knocking down the doors to participate in the long-term-care-insurance program created last week by the passage of health care reform, but advisers are optimistic the program's existence will spur more discussion around the benefits of LTC planning.
