Best selling mystery writer Patricia Cornwell, author of the Kay Scarpetta series, alleges her financial management firm lost her $40 million due to alleged negligence. The latest celebrity news is that Anchin, Block & Anchin LLP, a blue-chip New York firm, is being sued by Cornwell.
The financial management firm specializes in “privately-held businesses and high net worth individuals,” including celebrities such as Robert De Niro. Mystery writer, Patricia Cornwell, alleges the company mishandled not only her own money, but that of her spouse.
Her complaint was filed in Boston federal court and singles out Anchin executives: 1) Ira Yohalem and 2) Evan Snapper. The mystery writer switched to this financial management company when Yaholem’s company merged with Anchin in 2005. Her assets have dropped significantly since then.
Yaholem was sanctioned last December for “improper professional conduct” by the Securities and Exchange Commission. He put his own money in a restaurant his accounting firm audited. Apparently, among other things, a $5,000 check from Cornwell’s account was written for a bat mizvah gift to Snapper’s daughter, whom Cornwell never met.
Until mystery writer Cornwell severed her relationship with Anchin in July, the firm had power of attorney to write checks on her bank accounts. They even file her tax returns without her approval. This arrangement is not all that unusual among wealthy celebrities. Anchin is known to cater to their clients, even “buying and delivering toilet paper” if needed.
Mystery writer remembers advice from Oprah Winfrey
Cornwell remembers visiting with Oprah Winfrey several years ago. Oprah told her then, “I have one guiding principle, always sign your own checks.” Mystery writer Patricia Cornwell wishes she had paid attention to this advice. She plans to do so now.
Apparently, Cornwell was diagnosed with bi-polar disorder several years ago and because of this diagnosis, she felt it important for someone to handle her financial affairs. Our mystery writer has a real mystery on her hands now.
Angelina Jolie as Dr. Kay Scarpetta
The latest celebrity news, as we reported in April, is Angelina Jolie just teamed with Fox 2000 to star as medical examiner, Dr. Kay Scarpetta. The Scarpetta series is responsible for current CSI movie and tv shows.
Interestingly, mystery writer Patricia Cornwell’s manuscripts were turned down for 7 years because “no one is interested in forensic science.” However, the Kay Scarpetta series turned into 16 books starting a trend for years to come.
Related article:Thriller Book Review: Scarpetta by Patricia Cornwell
Lloyd Grove, The Daily Beast Exclusive
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