Madonna denies report of FBI probe into charity; some stars on edge
Madonna's pet charity Success for Kids, which has raised more than $33 million, is rumored to be under investigation. | Pascal Le Segretain~Getty Images
Hollywood stars are buzzing about reports of an alleged FBI investigation of Madonna's Success for Kids charity — shortly after a shakeup of the Material Mom's Raising Malawi foundation in Africa amid claims of financial mismanagement.
Turns out those stories have other celebs looking into their own charities — and how their finances have been handled.
† Sources say a wide range of top stars, including Britney Spears, Mariah Carey and Elton John, have requested updated accounting of their charitable foundations — simply to ensure there are no problems similar to the ones Madonna reportedly faced.
† While the FBI declines to comment on any ongoing investigations, Madonna's longtime publicist Liz Rosenberg told Us magazine the rumors of an FBI probe are "wild and totally false. ... As we have said previously, Raising Malawi is currently undergoing a series of positive changes in an effort to serve more children. Neither Madonna nor Raising Malawi is being investigated by the FBI or the IRS."
While there was no mention of Success for Kids, another source close to Madonna said Tuesday that "at this point, those earlier reports of problems [with that organization] appear to have been grossly exaggerated. … There are no problems or FBI probe."
Founded in 2001, Success for Kids has raised more than $33 million — with Madonna being its largest supporter. Earlier there were reports that the administrative expenses at Success for Kids were unusually high.