Paul Simon doesn't have to pay back man who swindled him

January 4, 2015 2:39 PM

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Paul Simon doesn't have to pay back man who swindled him

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.

Also read: Rural hospitals in upstate NY asked to repay federal money

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