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Steven Spielberg, an investment fraud victim?

Washington, December 17 : Steven Spielberg, along with Jeffrey Katzenberg, may never see a chunk of his millions following reports that the director may have been another victim of fraudulent investment operation headed by fund manager Bernie Madoff.

Madoff, chairman of the Wall Street firm Bernard L. Madoff Investment Securities LLC, had been arrested and charged with securities fraud on December 11, reports Contactmusic.

Madoff''s swindle is alleged to involve up to 50 billion dollars in cash and securities through Ponzi schemes, which involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from the profit from any real business.

Brangelina prefer a low profile Christmas

Brangelina prefer a low profile ChristmasLondon, December 17 :

Katy Perry to perform at Los Angeles New Year Eve’s bash

Washington, December 17 : Katy Perry will take to the stage to woo fans at Gridlock New Year''s Eve in Los Angeles.

Zac Efron, Vanessa Hudgens top FoxNews ''Favourite Couples of 2008'' list

New Delhi, Dec 17 : Zac Efron and Vanessa Hudgens have topped FoxNews. com''s list of Favourite Couples of 2008.

The ''High School Musical'' stars reunited for ''High School Musical 3: Senior Year'', the latest movie in the Disney franchise, reports the China Daily.

"They rode the little-TV-movie-that-could, ''High School Musical,'' to box office gold and worldwide fame in 2008. And they have perfect teeth. But their love cannot last post-''High School Musical'', as their careers pull them apart, forever," a writer for the website said.

"So appreciate them now, while their love burns with the heat of a million flashbulbs. Congratulations to our Favourite Couple of 2008," the writer added.

Brangelina impose TV ban for kids – to keep them from asking for big gifts!

New Delhi, December 17 : Brad Pitt has revealed that he and partner Angelina Jolie had banned their six children from watching too much TV -to keep them from making lavish demands inspired by commercials.

The `Burn After Reading' actor said that the pair had put a TV-time-limit for their kids to protect them from `manipulative' endorsements, reports China Daily.

He said: "The kids don''t ask for big gifts for the simple reason that they don''t see a lot of American cartoon television, which is packed with all those manipulative commercials for big toys that look so fantastic.

"When they do see that stuff is when they start asking for toys, so we figure if they don''t see them they won''t know they''re there."

Suspended Brit Iranian police officer Dizaei to launch MET race claim

Suspended Brit Iranian police officer Dizaei to launch MET race claimLondon, Dec. 17: Commander Ali Dizaei, the president of the National Black Police Association, will claim that former commissioner Sir Ian Blair and the Met''s chief executive Catherine Crawford colluded to suspend him from duty.

Dizaie, who was suspended in September this year after being accused of misconduct, claims one of the reasons was to prevent him representing his colleague Assistant Commissioner Tarique Ghaffur, who last month agreed to an out-of-court settlement in his race claim against Scotland Yard.

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