Lawyer for disgraced celebrity adviser is arrested

Legal Business Posted on

A former lawyer for a financial adviser to celebrity clients was arrested Thursday on money-laundering charges filed in New York alleging he helped conceal the adviser's Ponzi-like scheme.

Attorney Jonathan Bristol pleaded not guilty Thursday in federal court in Manhattan. He was released on $1 million bond.

An indictment alleges that Bristol hid investor money stolen by Kenneth Starr — a one-time adviser to Wesley Snipes, Sylvester Stallone and Martin Scorsese — in secret escrow accounts.

Prosecutors say Bristol raided the accounts in January to pay $1 million to settle a claim by a disgruntled Starr client. They say another $100,000 was used to cover bills from Bristol's law firm.

In April, Bristol also used the escrow accounts to help Starr siphon $7 million in investors' money to buy Starr a five-bedroom, six-bath condominium, the indictment says. Prosecutors had previously alleged that $5.75 million of the total was stolen from a 100-year-old heiress.

Legal News Media

Legal News Organization press is the top headline legal news provider for lawyers and legalprofessionals. Read law articles and breaking news from law firm's across the United States to get the latest updates. The content contained on the web site has been prepared by Legal News Media as a service to the internet
community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.


American Bar Association – Start and Run a Law Firm – Starting a Law Firm

Lawyer Web Direct

CPA Website Designs