Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Friday, September 10, 2010

NY Investment Adviser Starr Pleads Guilty to Stealing Clients' Funds

Kenneth I. Starr, a New York investment adviser to the stars, pleaded guilty in Manhattan federal court to one count each of wire fraud, money laundering and investment adviser fraud, for misappropriating $20-50 million of clients' funds to support his lavish life style.  He awaits sentencing.  NYTimes, Financial Adviser to Stars Pleads Guilty to Fraud

http://lawprofessors.typepad.com/securities/2010/09/ny-investment-adviser-starr-pleads-guilty-to-stealing-clients-funds.html

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