Corey Feldman 'paedophile ring' investigation dropped by LAPD

A probe into historical child abuse claims was launched earlier this week

Corey Feldman 'paedophile ring' investigation dropped by LAPD

Corey Feldman at the world premiere of

An investigation into historical child abuse claims made by former teen idol Corey Feldman has been dropped by US police.

In a statement issued on Thursday, the Los Angeles Police Department announced they have ended a sexual assault investigation filed by the actor on Tuesday.

Authorities say the statute of limitations, which sets out the maximum time that parties have to initiate legal proceedings from the date of an alleged offence, expired in Feldman's case.

The 46-year-old actor said he had informed the LAPD of the names of "very powerful" men who abused him as a child in Hollywood.

A teen idol in the 1980s, Feldman and his frequent co-star Corey Haim starred in some of the biggest hits of the decades, including Goonies and The Lost Boys.

Their collaboration led to the popular sit-com The Two Coreys, and they became an industry phenomenon.

Feldman has for many years claimed both him and Haim were abused by a "paedophile ring" operating in Hollywood, and has blamed the abuse on Haim's drug addiction and subsequent death in 2010.

Corey Haim (left) and Corey Feldman pictured in 1989 | Image: Globe Photos/SIPA USA/PA Images

Last month, Feldman vowed to expose at least six names of men involved - and launched a campaign to fund a documentary produced, directed and distributed by him in which he would reveal the names of his abusers.

The money, Feldman said, will be enough to cover the production and distribution of the film, but also to hire a legal team to protect him against possible lawsuits.

"I've been silenced my whole life but just over the past few days since I've made the announcement, I've been arrested, I had a near-death experience last night where I thought I was almost going to be killed," he said in the crowdfunding video.

"Two trucks came speeding at me at the same time on a crosswalk. And then several of my band members have decided to quit because they were fearing for their lives.

"I'm very alone, but I need to protect myself and I need to protect myself and my family. I need additional security and I need a legal team to help represent me so I can fulfil this mission."

More than US$200,000 (€171,272) has so far been donated to his crowdfunding campaign, falling short of the US$10m (€8.5m) goal set by Feldman.