December 23, 1999 05:27am
Ex-Banking CEO, Porn Star Charged
(TORONTO) -- A porn star wanted for her role in an insider trading scandal on Wall Street is hiding out in a Vancouver penthouse, a Canadian newspaper reported today.
The National Post reported it had contacted Kathryn Gannon, who is known in the porn industry as Marylin Star, at the home of her fiance Wednesday. She refused any comment on her case, the paper said.
A friend of Gannon told the paper she was considering whether to turn herself in.
"She is surrounded by friends, lawyers, and she is making several decisions in the next couple of days about what to do and whether she decides to give up," Marc Medoff, president of the Adult Press Service in New York, was quoted as saying by the Post.
Gannon, 30, a Canadian who has been living in Miami, is accused of illegally profiting from inside information given to her by a Wall Street executive with whom she was allegedly having an affair. U.S. officials issued a warrant for her arrest after she failed to show up for a hearing in New York.
James McDermott, the former chief executive at Keefe, Bruyette & Woods, surrendered Tuesday to face charges he shared news of pending deals with Gannon.