Grammer dropped from Ponzi suit

Kelsey Grammer filming on location on Montana Avenue in Brentwood Los Angeles, California-...

Kelsey Grammer filming on location on Montana Avenue in Brentwood Los Angeles, California- 22.10.12. (Revolutionpix/WENN.COM)

WENN.com

, Last Updated: 10:00 AM ET

Kelsey Grammer has been dropped as a defendant in a $100 million lawsuit over an online Ponzi scheme.

Actress Lydia Cornell and a host of other plaintiffs accused the former Frasier star of duping investors over a fraudulent venture with website Staropoly.com - by allegedly using his name and likeliness to promote the company.

Grammer's lawyer Marty Singer blasted the group for naming his client as a defendant in the suit against accused perpetrators Alex Varanos and bosses at the website's parent company TODHD, and he branded the allegations of grand theft and extortion "absurd" and "without merit".

A judge in Los Angeles has now dismissed Grammer from Cornell's lawsuit, according to TMZ.com.


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