Showing posts with label Fraud by Adviser to Stars. Show all posts
Showing posts with label Fraud by Adviser to Stars. Show all posts

Fiona Phillips


Fiona Phillips (born 1 January 1961, Canterbury, Kent) is an English journalist, broadcaster and television presenter.

Early life

Phillips was born in Kent and Canterbury Hospital in 1961.Her grandparents ran the Duke's Head pub in Church Street St. Paul's. Phillips attended Kingsmead Primary School. The family later moved to Southampton where Phillips completed her schooling at Millbrook Community School. After leaving school, Phillips worked for a short time at Mr Kipling's Bakery in Eastleigh, near Southampton. Phillips graduated from Birmingham Polytechnic (now Birmingham City University) with 
Fiona Phillips
Born1 January 1961 (age 50)
Canterbury, England
OccupationTelevision broadcaster
SpouseMartin Frizell
ChildrenNathaniel and Mackenzie, Jamie Sawdon (stepson)
r a BA (Hons) in English; she also undertook a PGC in journalism.

Early career

Phillips started her career in independent radio working as a reporter for local stations County Sound in Surrey, Hereward Radio and Radio Mercury in Sussex.
Moving from radio to television several years later, she joined BBC South East's Weekend Programme as co-presenter, before becoming a reporter with CNN News, later moving on to become the station's entertainments editor, producing, reporting and presenting CNN News' entertainment output.

GMTV

In 1993, Phillips joined GMTV as entertainment correspondent and was promoted to GMTV/Reuters Television's LA correspondent in December 1993. For over two years Phillips provided daily and weekly reports and covered a number of big news stories including the Michael Jackson alleged child molestation case, the LA earthquake, the first OJ Simpson trial and the Oscars. She also interviewed some of the industry's biggest stars from Leonardo DiCaprio and Clint Eastwood, to Brad Pitt and Mel Gibson.
From 1997 to 2008, she was the main anchor on GMTV, presenting GMTV Today every Monday to Wednesday. On 28 August 2008 Phillips announced that she was to quit her role as main anchor on GMTV for family reasons.She presented her final show on 18 December 2008.
Phillips returned to GMTV in 2010 in its last series GMTV with Lorraine.

Other activities

Phillips has also presented other programmes, including as the celebrity lifestyle show OK!TV, Baby House and Room to Rent, Carlton's entertainment guide Good Stuff, LWT's Friday evening entertainment show Start the Weekend, ITV's Sunday Night and the Rich and Famous series. Phillips currently writes an opinion column in the Daily Mirror on Saturdays and works as an agony aunt in New! magazine
Fiona was a regular panellist on Loose Women in 2002, and was a guest anchor in 2004 and 2005. She returned to Loose Women as a guest anchor in March 2009 and again in March 2010.
She has also stood in for Simon Mayo on Radio 5 Live from 30 March to 3 April 2009. Phillips was a guest host on Channel 5's The Wright Stuff in April/May 2009 and in March 2010 on ITV's Loose Women.
In August 2010 she appeared as a panellist on ITV's new show 3@Three.
She voiced the character of Katie Current in the British release of Shark Tale. She took part in the third series (2005) of Strictly Come Dancing with professional partner Brendan Cole. The pair were voted out on Week 4 following several weeks of low scores.
Fiona had also been in the documentary The Killer in Me on 8 November 2007, a show that saw four celebrities agree to take a groundbreaking test that revealed the secret killers lurking in their genes. Fiona joined former England footballer John Barnes, political commentator and presenter Andrew Neil, and Heart FM DJ Toby Anstis who all found out their risk of developing 11 major diseases, including cancer, heart disease and Alzheimer's disease.
Phillips hosted a show on Smooth Radio in the 2-5pm slot every Sunday, starting from Easter Sunday, 23 March 2008, until 2009 when she left the station. On 13 March 2008, Phillips, who is the Age Concern Ambassador, presented the Age Concern Grandparent Of The Year 2008, which took place in the Houses of Parliament.
On 7 September 2008 she was a guest on Soccer Aid and again on 12 September 2008, this time on Al Murray's Happy Hour both shown on ITV1.
It was revealed that Fiona will be guest-hosting ITV1's This Morning, on Fridays, with regular Friday presenter, Eamonn Holmes, as Eamonn's wife, Ruth Langsford will be covering Monday-Thursdays, when Holly Willoughby goes on Maternity leave in the Spring.

Politics

Phillips claimed to have been offered a job in November 2007 as public health minister in the administration of Gordon Brown, as well as a peerage. Phillips said she declined due to her responsibilities to her two small children. She attended the 2009 Labour Party Conference in Brighton, where she introduced an address by the Home Secretary Alan Johnson.
She was a panellist on BBC One's Question Time in June 2009, and in May 2010 appeared on This Week, her focus was on Party Political Broadcasts.

Charity work

Already a supporter of many charities, Phillips' mother suffered from breast cancer, before dying on 15 May 2006 from Alzheimer's disease. Phillips took a break from her work on GMTV, and has since supported many organisations associated with the two diseases. On 15 February 2007 she appeared as a contestant with her brother Andrew on Dale's Supermarket Sweep, playing to raise money for their charity for Alzheimer's sufferers.
Phillips is well known as one of the judges of the Daily Mirror Pride of Britain Awards, and for presenting the GMTV Emergency Services award. She has also been one of the judges for the Children of Courage awards. From 15 October 2007, she reported from Geita, North Tanzania, for one week to visit Neema, a 13-year-old girl who Phillips has been sponsoring, and her family, friends and local schools. On 1 March 2007 she published a 'Quick Reads' book for World Book Day A Day To Remember which is aimed at emergent readers and adult learners. Phillips hosted the Breast cancer Care's annual fashion show in October 2007.
Phillips is also a patron of Barnardos, Alzheimer's Society, Age Concern, Richard House Children's Hospice, and Mildmay Mission Hospital.

Honours

In 1996 Phillips was nominated for the Royal Television Society Interview of the Year Award.
On 7 November 2007, Phillips received an Honorary Master of Arts degree from Southampton Solent University, for "being a person distinguished in eminence and by attainments".

Personal life

Already the Los Angeles based entertainment reporter for GMTV, Phillips had previously thought her replacement for the Christmas holidays Martin Frizell "arrogant and cold." But when he came out to LA, the pair had dinner. When she returned to the UK four months later, the pair met up at a friend's dinner party, and began dating soon after. The couple married in May 1997 and have two sons, Nathaniel, born 1999, and Mackenzie, born 2002.
A vegetarian, in June 2007 Phillips was a nominee for PETA Europe’s “Sexiest Vegetarians” poll, and subsequently won the award as 'Sexiest Female Vegetarian 2007'.
Phillips is a supporter of Chelsea FC, although she followed her home town club, Southampton F.C. when she was younger before dropping them and proclaiming to support a more successful team. She also supports the Labour Party.

(source:wikipedia)

Guilty Plea in Fraud by Adviser to Stars,

Guilty Plea in Fraud by Adviser to Stars,

Kenneth I. Starr, the New York investment adviser who once counted Hollywood celebrities like Al Pacino, Martin Scorsese and Sylvester Stallone as clients, pleaded guilty on Friday in Federal District Court in Manhattan to charges that he diverted tens of millions of dollars of his clients’ money to pay for his lavish lifestyle.

Nati Harnik/Associated Press
Kenneth I. Starr
A money manager to the stars who frequented charity events, conspicuous parties and movie premieres in search of clients, Mr. Starr, 66, wore a dark blue prison smock and appeared stooped and drawn as he stood before Federal Magistrate Judge Theodore H. Katz and pleaded guilty to one count each of wire fraud, money laundering and investment adviser fraud.
Mr. Starr, who is not related to the special prosecutor with the same name who investigated President Bill Clinton, admitted that he stole $20 million to $50 million from his clients to use for his own purposes.
Some of the money paid a multimillion-dollar legal settlement with a former client while other money bought a $7.5 million Upper East Side condo with a lap pool and a 1,500-square-foot garden.
A plea agreement between Mr. Starr and the government calls for a prison sentence of 10 to 12.5 years. But Judge Shira A. Scheindlin, who is scheduled to sentence Mr. Starr on Dec. 15, is not bound by that agreement and could impose a greater or lesser penalty.
The government said it could also seek the forfeiture of as much as $50 million in assets owned or controlled by Mr. Starr and $50 million in restitution for his victims.
After the courtroom proceedings, a lawyer for Mr. Starr, Flora Edwards, indicated that the forfeiture and restitution amounts were under discussion but that they were likely to be “significantly less” than $50 million.
“He’s assumed full responsibility for his conduct,” Ms. Edwards said. “He made a colossal error in judgment that he recognizes. He’s paying a very, very heavy price.”
In a statement, Preet Bharara, the United States attorney in Manhattan, said, “Kenneth Starr’s is a tale of fiction and fraud, in which he played the role of legitimate investment adviser to a cast of unsuspecting victims.”
Mr. Starr was indicted in June on 23 counts, including wire fraud, securities fraud, fraud by an investment adviser and money laundering.
Clients relied on him to provide investment advice, financial planning and even pay bills and help with tax filings, federal prosecutors said in the indictment.
In federal court on Friday, Mr. Starr admitted his clients had “entrusted him” with their money, but “from 2009 to 2010, instead of using my clients’ money as I promised, I knowingly used a portion of the money for my own purposes,” he told the judge.
In one case, he said he transferred $1 million to a trust account in New Jersey that was in the name of a lawyer and that Mr. Starr used at least part of the money for his own purposes. The name of the lawyer was not disclosed in court, and Mr. Starr’s lawyer declined to identify the lawyer.
Mr. Starr told the judge that, in another case, he had encouraged a client to invest in a firm called Wind River but had not disclosed that the money was actually a loan, not an investment.
Mr. Starr, who spoke during the morning proceedings in a clear and steady voice, did not acknowledge anyone in the courtroom. He stood silently and rested his fingertips on the table in front of him as the judge read the potential penalties.
His appearance and demeanor were markedly different from the days when he flitted about cocktail parties and movie screenings, trying to gain the confidence — and business — of celebrities.
One heiress identified as a victim was Rachel Lambert Mellon, a philanthropist and the widow of Paul Mellon, who accused Mr. Starr of using $5.75 million of her money to help buy the luxury condo. A call to Ms. Mellon’s lawyer was not returned.
In his deal with prosecutors, Mr. Starr will forfeit the condo.
Another person who says he was Mr. Starr’s victim is Jacob Arabov, a celebrity jeweler who met Mr. Starr at a charity event in May 2006. The next day, Mr. Starr went to his store and bought a $77,000 watch. The two became friends, and Mr. Starr became a frequent customer, buying a $70,000 diamond bracelet and a $32,000 wedding band. Eventually, Mr. Starr persuaded Mr. Arabov, who served prison time on money laundering charges in a separate case, to invest nearly $14 million with him.
A lawyer for Mr. Arabov, Benjamin Brafman, said in a statement that Mr. Starr’s guilty plea was a "welcome" development.
"The evidence that Starr defrauded Mr. Arabov and other celebrity high-net-worth clients was truly overwhelming.” the statement said. “The fact that these victims will now be spared from having to testify at a trial brings at least some closure to these proceedings."
For some of Mr. Starr’s prominent clients, alarms went off early.
In 2002, the actor Sylvester Stallone filed a lawsuit accusing Mr. Starr of mismanaging an investment in Planet Hollywood. Over the years, other clients, including the actressLauren Bacall and the broadcaster Diane Sawyer, fired Mr. Starr. In April 2008, Joan A. Stanton, who was the voice of Lois Lane in the “Adventures of Superman” on radio in the 1940s as well as an heiress to a $70 million estate, sued Mr. Starr, accusing him of fraud.
 
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