April 17, 2014. Singer Paul Simon performs during the Rainforest Fund's 25th anniversary benefit concert in New York. (Reuters)
Paul Simon just saved a bundle. The singer-songwriter dodged paying $17,174.49 – plus interest and lawyer’s fees. The huge sum was tied to a $60 million Ponzi scheme where he was fleeced by money manager, Kenneth I. Starr.
The ruling was made by Manhattan’s federal bankruptcy court, reports The New York Daily News. It came from the trustee responsible for paying off Starr's creditors by collecting any of the con man's remaining assets. The “Graceland” singer was not the only celebrity scammed. Uma Thurman, Natalie Portman, Sylvester Stallone, Wesley Snipes and Martin Scorsese were also Starr clients.
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