CLOSE
Leave a comment

(AP Photo)

NEWARK, N.J. (AP) — A New Jersey man who served as business manager for Ne-Yo has been sentenced in Ohio to more than seven years in prison for defrauding the R&B singer in a sports beverage scheme.

Kevin Foster was convicted last year on 16 counts including wire fraud, money laundering and tax charges.

Prosecutors say the Montclair, New Jersey, resident convinced Ne-Yo, whose real name is Shaffer Smith, to invest $2 million in a company called OXYWater, and then invested an additional $1.5 million of Smith’s money without his consent.

He also defrauded singer Brian McKnight by withdrawing money from his account without authorization.

Prosecutors contend Foster spent the money on a personal driver, expensive suits and jewelry, season tickets to the New York Giants and New York Knicks, and Super Bowl tickets.

So Sue Me! Celebrity Lawsuits
12 photos

HEAD BACK TO THE BLACKAMERICAWEB.COM HOMEPAGE

Add Your Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s