Skip to Content

Business manager sentenced for defrauding Ne-Yo, McKnight

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.

Article Topic Follows: News

Jump to comments ↓

KYMA News Team

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content