Best-selling author hits her financial advisers with lawsuit over $40M in losses

Patricia Cornwell, the author of several best-selling crime novels, is going after her financial advisers in an attempt to recover $40 million she has lost, according to multiple published reports.
OCT 23, 2009
By  Bloomberg
Patricia Cornwell, the author of several best-selling crime novels, is going after her financial advisers in an attempt to recover $40 million she has lost, according to multiple published reports. Ms. Cornwell, who has penned titles such as “The Book of the Dead” and “Trade: A Scarpetta Novel,” filed a lawsuit this week in Boston federal court claiming that accountants and financial advisers at Anchin Block & Anchin LLP mishandled her fortune. According to a report in The Baltimore Sun, she makes more than $10 million a year. The firm, according to one report, allegedly used Ms. Cornwell's money to purchase goods and services from important clients. The suit also claimed that one of the firm's advisers directed $5,000 from her account to give his daughter a bat mitzvah gift.

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