Friday, May 28, 2010

Rothchild's Former Husband Tied in with Hollywood Ponzi Scammer

Federal prosecutors have accused NYC money manager Kenneth Starr of running a Ponzi scheme that ripped off many high profile Hollywood celebrities.

Starr has been sued in the past by some of his  clients, including Wesley Snipes, Annie Liebovitz and Sylvester Stallone.

FT reports:

Prosecutors also accused Andrew Stein, former president of the Manhattan city council, with filing false statements to the IRS and making false statements to a federal agent. Stein is alleged to have received funds from Starr’s enterprise. Stein is well known in Manhattan social circles not only for his political history, which culminated in an unsuccessful run for mayor in 1993, but for his social life. A fixture on the black-tie circuit, his former wife is Lynn Forester de Rothschild.
Earlier this month, Treasury Secretary Geithner  briefed the Board members of the Peter G. Peterson Institute, where Rothschild is one of the members, on the economy.

1 comment:

  1. I like the idea of a black-tie circuit. There's just a bunch of people who have accomplished not very much of importance besides marrying the right people or having the right friends, who are just perpetually going to black-tie dinners and galas. Fascinating!