Monday, May 9, 2011

New York Post Denied in Attempt to Access Uma Thurman Financial Information

A New York federal judge has denied an attempt by The New York Post to find out exactly how much Uma Thurman lost to her former financial adviser Kenneth Starr as part of a $30 million Ponzi scheme that sent Starr to prison for 7 1/2 years.

Starr was sentenced in March after pleading guilty to wire fraud and money laundering. Because the money manager controlled more than $700 million in assets through his Starr & Company firm and had an A-list roster of clients through the years including?Warren Beatty, Uma Thurman, Martin Scorsese, and Ron Howard, the specifics of what happened gripped tabloids and became the subject of much Hollywood speculation.

Thurman, in particular, became a huge curiosity. As the Daily Beast reported, Thurman sniffed out what was going on last year before the feds indicted Starr. She marched into the firm's offices and demanded to know where $1 million of her money had gone. According to the report, Thurman was then paid back shortly thereafter with money taken from Jim Wiatt, the former head of William Morris and another client of Starr?s firm.

But evidently, Thurman hasn't been made whole.

The actress has submitted restitution claims to a New York court, which The New York Post asked a judge to unseal, citing a First Amendment right of access to judicial documents. The paper also argued that the court relied upon financial statements by victims including Thurman in determining the appropriate sentence, although New York District Judge Shira Scheindlin now says that's only semi-accurate, since Thurman didn't submit her papers by the time the March sentence was imposed.?

On Monday, Judge Scheindlin denied the newspaper a peek into the purses of Thurman, finding that her right of privacy as a victim is more important than public disclosure.

Starr reportedly used the ill-begotten money to purchase a swanky multi-million dollar Upper East Side condo and jewelry?to keep his wife happy.

E-mail: eriqgardner@yahoo.com; Twitter: @eriqgardner


Source: http://feedproxy.google.com/~r/THREsquire/~3/aNFHwAohOec/new-york-post-denied-attempt-185776

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