Starr Gets 7 1/2-Year Sentence for Defrauding Celebrity Clients
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Kenneth I. Starr, the money manager whose clients included actors Sylvester Stallone and Wesley Snipes, was sentenced to 7 1/2 years in prison after pleading guilty to defrauding nine celebrities out of $33.3 million.
The sentence issued yesterday by U.S. District Judge Shira Scheindlin in Manhattan fell between Starr’s request for 60 months and prosecutors’ recommendation that he be sentenced within the non-binding federal guideline range of 121 months to 151 months. She also ordered Starr to pay forfeitures and restitution of $29.1 million.