Kelsey Grammer Dodges Ponzi Scheme Bullet

11/5/2012 3:00 PM PST

Kelsey Grammer Dodges Ponzi Scheme Bullet


Kelsey Grammer
is finally in the clear after being sued over an Internet-based Ponzi scheme, TMZ has learned.

According to new legal docs, filed in L.A. County Superior Court, the "Cheers" actor has been dropped from a $100 million lawsuit -- in which he was accused of receiving dirty money in connection with a website called

The lawsuit against Kelsey was filed by TV actress Lydia Cornell, who claimed the website -- billed as a new social network -- was nothing more than a Ponzi scheme that bilked her out of tons of money ... and Kelsey was somehow involved.

Kelsey fired back, claiming he has no place in Lydia's lawsuit -- and lost tons of money on the website himself -- and the judge in the case has agreed ... dismissing Kelsey from Lydia's lawsuit.

Celebs Brian Williams and Richard Lewis -- who Lydia sued as well -- were also let off the hook.