Rachel “Bunny” Mellon, the heiress to one of America’s great business fortunes whose support of presidential candidate John Edwards had attracted her, at 100, the type of public scrutiny she had spent a lifetime avoiding, has died. She was 103.
U.S. citizens and residents with UBS AG accounts are racing the clock to disclose their secret holdings to the Internal Revenue Service after the Swiss Parliament ratified an agreement to surrender the names of 4,450 bank clients, tax lawyers said.
Money manager Kenneth I. Starr seeks court permission to post $2 million bail and live at his Manhattan apartment while awaiting trial on charges he defrauded his celebrity and socialite clients of at least $59 million.
Raj Rajaratnam, the Galleon Group LLC co-founder, missed court after getting emergency surgery, and the jury weighing insider-trading charges against him will take today off for a juror’s medical procedure.
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.
Kenneth I. Starr , the money manager who admitted to defrauding his celebrity clients of as much as $50 million, has reached a restitution agreement with the U.S. government, his lawyer said in a letter to a federal judge.