Tag:

OXYwater

Montclair Manager Who Swindled Ne-Yo, Brian McNight Out Of Millions Gets 7½ Years In Fed Pen Montclair Manager Who Swindled Ne-Yo, Brian McNight Out Of Millions Gets 7½ Years In Fed Pen
Montclair Manager Who Swindled Ne-Yo, Brian McNight Out Of Millions Gets 7½ Years In Fed Pen A business manager from Montclair will spend nearly 7½ years in federal prison for swindling celebrity clients – including R&B singers Ne-Yo and Brian McKnight – out of $7.9 million for a failed sports drink venture while using their money as what one government official called “a personal slush fund.” Kevin R. Foster, 43, was sentenced earlier this month after jurors in Columbus, Ohio, last year convicted him of 16 counts -- including wire fraud, money laundering, bankruptcy fraud, tax evasion and filing false tax returns. The case emerged from the prosecutions of Thomas E. Jackson an…
Montclair Man Who Stole Millions From Ne-Yo, Brian McKnight Sentenced Montclair Man Who Stole Millions From Ne-Yo, Brian McKnight Sentenced
Montclair Man Who Stole Millions From Ne-Yo, Brian McKnight Sentenced A business manager from Montclair who defrauded his celebrity clients of millions of dollars through investments in a sports drink company has been sentenced to 89 months in prison, the U.S. Attorney’s Office in Columbus, Ohio, said last week. Kevin R. Foster, 43, represented musicians Ne-Yo, who was born Shaffer Smith, and Brian McKnight, the famed R&B singer. Foster convinced Smith to invest $2 million in OXYWater, invested another $1.5 million with Smith’s knowledge and also forged his signature to get a $1.4 million line of credit. Foster also invested in the company on behalf of …