Shamed celebrity investor Kenneth Starr has pleaded guilty to defrauding his clients out of as much as $30 million. His A-list clientele included Wesley Snipes, Sylvester Stallone, Uma Thurman, Nora Ephron and Al Pacino. Kenneth was arrested in May and faced charges of wire fraud, securities fraud, money laundering and fraud by an investment advisor. He was due to stand trial in November after he pleaded not guilty in the court.
Starr is now expected to receive a 10- to 12-year prison sentence and may be forced to pay back as much as $50 million in restitution. He returns to court on 15th December.