Starr began his career as an accountant at a Manhattan-based firm before transitioning to private practice. Following a period at an investment firm co-founded with his brother, attorney Warren Starr, he established an independent investment company, Starr & Company, LLC (Starrco). Starr gained wealthy and well-known clients, business associates and friends including Blackstone founder
Pete Peterson, restaurateur Shelly 'Shelly's' Fireman, and a ''Who's-Who'' of many Hollywood stars including
Al Pacino,
Natalie Portman,
Martin Scorsese,
Carly Simon,
Wesley Snipes,
Sylvester Stallone, and
Uma Thurman. He has been likened to a 'mini-
Madoff' for the kind of clients he attracted, the breach of trust, and his notoriety. Starr's financial and legal problems began to surface in the late-1990s after he was sued by
Sylvester Stallone in connection with the
Planet Hollywood restaurant chain and Starr's alleged role in Stallone's $10 million loss. As his financial world began to crumble, Starr's then-wife, Marisa Vucci Starr, resigned as Starrco's office manager. This left only Starr's son, Ron Starr (identified though not a subject of the indictment as Ron
Star Bristol), also an attorney and then co-Chief Compliance Officer, as the only family member left at the company. At the time of Starr's arrest, Ron Starr, along with the company's other co-Chief Compliance Officer, were—with the assistance of outside counsel—conducting an internal investigation into Starr's conduct, and had already forced Starr to surrender signatory authority over all client accounts. Ron Starr then proceeded to assist the authorities in his father's prosecution and continues to work as a financial adviser in Manhattan. In 2015, Starr sued fifty of his former clients, claiming they had not paid him for the genuine services he had performed for them, prior to his arrest. ==Indictment, arrest, conviction, and sentencing==