Kenneth Starr Charged With Fraud

NEW YORK — Prosecutors on Thursday charged a financial adviser who has worked for Wesley Snipes, Sylvester Stallone and Martin Scorsese with stealing $30 million from clients and accused a former city council president of lying about his own finances during the probe.

Kenneth Starr, 66, was ordered held without bail on charges of wire fraud, investment adviser fraud and money laundering after a prosecutor said Starr hid behind coats in a closet at his home when agents came to arrest him, forcing them to yank him out by the collar.

Also arrested in the probe was former New York City Council President Andrew Stein, 65, who was charged with making false statements in a filing with the Internal Revenue Service and making false statements to a federal officer.

Continue reading Kenneth Starr Charged With Fraud