Sunday, April 14, 2024

Diandra Douglas Admits What We Told You Last June


Diandra Douglas fesses up in Harper’s Bazaar what I told you last June, 2010: her steep losses with Ken Starr, as well as with Bernie Madoff, are what forced her to sue ex husband Michael Douglas for “Wall Street 2” proceeds.

On June 30th, I told you that Douglas had been a client of Ken Starr, now in jail and serving 7 years for bilking his celebrity clients. One of them was Douglas. In fact, Starr even pillaged Douglas’s personal foundation. In 2008, the Diandra Morrell Douglas Foundation had almost $1.5 million in total assets. In 2009, the foundation reported $909,000. Consequently. Douglas cut her charitable donations by $100,000 from 2008 to 2009.

Here’s the link to the original story:

Diandra’s story is a sad one, especially with Michael. I’ll tell you why. At the April 2010 sentencing of Cameron Douglas, Michael told me he was sorry his ex had been beaten up in the press over Cameron’s situation. He actually was defending Diandra. Two months later she slapped him with the “Wall Street 2” lawsuit.

Roger Friedman
Roger Friedman
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.

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