From the Associated Press:

LOS ANGELES (AP) - A female acquaintance of comedian Bill Cosby has made an allegation against him that has prompted a police investigation in Pennsylvania, the entertainer's attorney said Thursday.

Los Angeles attorney Walter Phillips would not discuss the specifics of the allegation - which he called "utterly preposterous" - but said it amounts to, at the most, "inappropriate touching."

No charges have been brought against Cosby, but Phillips said authorities have begun an investigation. He said the accuser, who lives in Canada, knows Cosby and the alleged incident in question happened about a year ago.

Considering the fact that no details have come out in regards to the particular incident, it's possible that this isn't that big of a deal and Cosby is innocent.  However, Cosby has cancelled several speaking invitations, according to Cleveland's NewsNet 5.  At the very least, he's taking this accusation seriously.

Most people know about Cosby's last woman problem, which came in the form of a supposed love child from an affair over 30 years ago.  Problem was, the woman that was supposed to be his daughter tried to extort over $40 million from him.  It ended up being an FBI sting, and she was evicted and put in prison.  No paternity test was taken to prove whether Cosby was the father, although he had been financially supporting the mistress and the woman in order to keep the affair a secret.

It's been rumored that the affair was only one of Cosby's daillances from years past.  I don't know.  But would the wizened old man that has taken a Solomonic, holier-than-thou attitude in the past year or so would engage in extramaritial affairs AND in sexual assault?

Eh.  I'll have to wait this one out.  Although Cosby really doesn't deserve it, I'll give him the benefit of the doubt.  But there's no doubt that the whole situation has to be totally false and that Cosby never touched the woman, welcomed or unwelcomed.  Anything less than that and Cosby's reputation would be further tarnished.