R&B singers Ne-Yo and Brian McKnight scammed out of millions of dollars by Ne-Yo's former manager...
From NJ.com
A New Jersey man is accused of running a multimillion-dollar scam that bilked singers Ne-Yo and Brian McKnight, who invested in a sports drink company.
Kevin Foster, of Montclair, faces 16 charges including wire fraud, money laundering, bankruptcy fraud and tax evasion.
Six of those charges were added Tuesday in the U.S. District Court for the Southern District of Ohio.
Foster, who served as Ne-Yo's business manager, is accused of convincing the star to invest $2 million in a drink called OXYwater.
Prosecutors say the 42-year-old Foster didn't disclose that he served as a controller for the business or that he earned commission on investments.Fun Fact: Two years ago Ne-Yo sued his bank after Kevin Foster transferred $2 million out of Ne-Yo's bank accounts and took out a $1.4 million loan in Ne-Yo's name that the singer did not authorize [click here if you missed that].
