Remember The Alleged $30 Million Ponzi Scheme By Kenneth Starr? Make That Allegedly $59 Million

We’ve previously discussed an alleged $30 million Ponzi scheme by Manhattan business adviser Kenneth Starr, in which Hollywood biggies and other celebrities were among the purported victims. You can search for our prior posts by typing “Starr” in the search box on this page. Today, however, there are reports that the amount of investor claims has significantly jumped. The U.S. Attorney for the Southern District of New York, Preet Bharara, said in a statement: ''In less than two weeks since Kenneth Starr's arrest, this investigation has maintained its velocity. 'The scope of the alleged fraud has doubled and is now up to $59 million, and counting.'' 

An article about the investigation is at http://www.nytimes.com/aponline/2010/06/11/arts/AP-US-Celebrity-Adviser-Charged.html?_r=1&hp=&pagewanted=print.