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  • Uma Thurman, Wesley Snipes, Sylvester Stallone Victimized by Ponzi Scheme

    Tue, 01 Jun 2010 09:51:48

    Uma Thurman, Wesley Snipes, Sylvester Stallone Victimized by Ponzi Scheme - Kenneth Starr bilked Celebes of $30 million

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    A scam artist named Kenneth Starr, 66, has been accused of bilking a sum total of $30 million from A-and-B-listers like Uma Thurman, Wesley Snipes, Sylvester Stallone, Al Pacino, playwright Neil Simon, directors Mike Nichols, Martin Scorsese and Nora Ephron, illusionist David Blaine, and celeb photographer Annie Leibovitz! No one is safe from a scam artist, it seems!

    Starr was arrested last week at his tony, $7.5-million Manhattan condo. He was discovered cowering in a closet when federal agents spotted his shoes underneath the door, says The New York Times. His wife, Diane Passage a former "dancer" at the strip club Scores, supposedly told agents that her hubby was not at home but The New York Post offered a conflicting report that Passage let agents known her husband’s location upstairs!

    "News of Ken Starr's arrest does not come as a complete surprise to me, and I will follow this story with great interest," photographer Leibovitz said in a statement. "Ken Starr no longer represents me and has not for some time." Reports from The Post said that Thurman personally confronted Starr about $1 million that was no longer in her account. He quickly replaced Thurman’s scratch with that from another client, which is the way a Ponzi scheme works. You're the financial advisor of Peter and Paul and you rob Peter to pay Paul.

    Why do celebs get scammed by con artists running Ponzi schemes? How should celebs work harder to protect their cash? Or are they less discerning because they have so much extra and expendable income?

    —Amy Sciarretto
    06.01.10




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