Business manager sentenced for defrauding Ne-Yo, McKnight


1 photo
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Entertainment stories

The Associated Press
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button