Former business manager Kevin Foster has been sentenced to more than seven years in prison after defrauding clients Ne-Yo and Brian McKnight. He was convicted last year on 16 counts, including wire fraud, money laundering and tax charges, according to the Associated Press (AP).
Foster reportedly recruited Ne-Yo to invest $2 million in a company named OXYWater and used an additional $1.5 million of the singer’s money without his permission.
He is also accused of withdrawing money from McKnight’s account without his consent.
The AP reported that Foster used the money for a personal driver, suits and jewelry, season tickets to the New York Giants and the New York Knicks, and tickets to the Super Bowl.