Wednesday, July 24, 2024

Starr Gave No Hint of Trouble to Clients Day Before Arrest

Share

The Ken Starr scandal is going to be far reaching and affect not just big name celebrities but plenty of small investors.

One producer of more than two dozen “classic” films of the modern era met with Starr, his financial manager, last Wednesday, the day before Starr was arrested. The producer’s elegant wife was also at the meeting.

“Everything was fine, we had a nice time,” the wife told me yesterday. “He didn’t show any sign of trouble.”

And yet, the next day Starr was arrested by government agents after the SEC filed a massive fraud complaint against him in Manhattan Federal Court. The SEC puts the value of Starr’s misbehavior at $30 million.

Many news organizations have the names wrong of Starr’s victims. This couple’s name has not yet been revealed. There will be more like them.

The couple is visibly shaken. “Is it possible it was just a mini Ponzi scheme?” the wife asked me.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

Read more

In Other News