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Ne-Yo Secures $6.4M Bag From Ex-Manager Who Cheated Him Out Of Millions

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It seems that Ne-Yo’s former manager was chasing the champagne life a little too much. He now faces up to seven years in prison after fleecing his clients to afford a lifestyle of luxury. On top of his sentence, he was ordered to pay back $7.9 million in restitution with $6,456,250 going to Ne-Yo and $151,675 to Brian McKnight, HotNewHipHop.com reports on Thursday (May 23). He also owes the IRS a whopping $1.4 million.

The final verdict follows a nearly three-year long investigation into the R&B singer’s former accountant and business manager, Kevin Foster, after he was found guilty of a slew of white collar crimes including wire fraud, money laundering and tax evasion by the Department of Justice.

In 2016, a team of federal prosecutors opened an investigation into Foster for tax evasion when he filed bankruptcy for a company he had a controlling stake in. The investigation unearthed he had mislead Ne-Yo and McKnight into investing in his sports drink brand OXYwater under false pretenses.

When Foster’s finances begun to nosedive, he convinced his former clients to invest in OXYwater without informing them of his controlling stake in Imperial company, who owned the sports drink brand.

During the lengthy investigation, federal prosecutors discovered multiple instances where Foster used his position as their manager to withdraw more money from his clients’ accounts (without their permission) to fund his company. The disgraced manager further misappropriated an additional $1.5 million of Ne-Yo’s into the sports beverage without informing him.

He also forged the singer’s signature to open a new line of credit worth $1.4 million. Portions of the stolen funds went toward padding his own lifestyle, with receipts of Foster dropping top dollars on a Rolls-Royce, Bentley, Jaguar and Mercedes, expensive suits, jewelry and Super Bowl tickets.

 

 

On A Grace Of God Diet - God Is The Greatest - PR - @47vibez Media - Founder - @Olodo360 - !! Powered By Grace. Email @ [email protected]

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Entertainment Gists

PHOTOS: Jayvfied Inc. And The Incredible DJ Vibez seal business deal signing

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At the early afternoon hours of Wednesday 12th September 2019, It became official as a couple of notable press/blogs gathered to capture and witness the wonderful jaw dropping moment that award winning professional DJ Ibrahim Olayinka aka “the incredible DJ Vibez” officially signed and sealed a business deal with the unique entertainment brand Jayvfied Inc.

These two brands are currently one of the very best in Nigeria, and will obviously continue to be great forces to reckon with both in the present and future entertainment industry business in Nigeria and diaspora.

Notable moment during the press interview was when a reporter simply asked the CEO of Jayvfied Inc. Ovie Joel aka Jay V*, “Why DJ Vibez” and replying in these exact words, the Jayvfied frontliner rephrased saying; “Why not DJ vibez… who else has the vibes, Charisma, and great energy out there. We *The Jayvfied Team* look forward to the many many opportunities that this wonderful signing here today will bring to both the incredible DJ Vibez as a team and our unique company. We are grateful to God for a successful signing, we’re also ready and focused than ever”, he said.

The incredible DJ Vibez as fondly referred to by numerous fans has on the other hand described the opportunity as divine, saying he won’t be letting the cat out of the bag just yet, but expressed his gratitude to God Almighty as he stated that this is just the beginning of new great things for both himself and his new family.

We will be looking out for these entertainment amazons and will also bring you more updates as they progress.

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Entertainment Gists

God Saved My Life Through Knives (Shangeorge Narrates)

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Moji Danisa - Veteran Journalist/Publisher

Moji Danisa – Veteran Journalist/Publisher

 

In a one on one interview with the veteran movie producer and Actress Shangeorge, she explained to ADEBAYO SAMUEL (TPUBLICIST) how she survived a Spine Surgery which she has been suffering from for years back through the hands of Dr Biodun Ogungbo, her explanation and short but heartfelt story as follows:

 

I’ve been battling a spine disease for so many months now, in and out of hospital since January 2019, finally I was told the only solution is a spine surgery, a very delicate surgery that can render me permanently paralysed for d rest of my life if not properly done, I was so scared, the bill for such surgery runs into millions of naira.

 

 

 

Long story cut short, I finally did the surgery In a Clinic in Abuja called Brain and Spine Surgery Consotium, through the hands of One of the best Neurosurgeon in Nigeria Dr Biodun Ogungbo.

 

Veteran Actor Segun Arinze

Veteran Actor Segun Arinze

I want to say a very big thank u to some good friends and family who went out of their way to support with d huge surgery bill, I will never forget u for supporting instead of looking for lame heartless reasons and excuses not to help. God bless u all immensely.

Veteran Actor Uncle Tony

Veteran Actor Uncle Tony

 

Executive First Lady Of Kogi State, Her Excellency Rashida Yahaya Bello

Who says Brain, Spine and other delicate Surgeries can’t be done in Nigeria? I’m recuperating fine. Help me thank God.

Watch a Video Clip of Shangeorge speaking about her health:

Celebrity Designer Jumrashasooke

Celebrity Designer Jumrashasooke

 

 

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In a one on one interview with the veteran movie producer and Actress Shangeorge, she explained how she survived a spine surgery which she has been suffering from for years back through the hands of of Dr Biodun Ogungbo , her explanation and short but heartfelt story as follows. I've been battling a spine disease for so many months now, in and out of hospital since January 2019, finally I was told the only solution is a spine surgery, a very delicate surgery that can render me permanently paralysed for d rest of my life if not properly done, I was so scared, the bill for such surgery runs into millions of naira. Long story short, I finally did the surgery In a clinic in abuja called Brain and Spine Surgery Consotium, through the hands of One of the best Neurosurgeon in Nigeria Dr Biodun Ogungbo,I want to say a very big thank u to some good friends and family who went out of their way to support with d huge surgery bill, I will never forget u for supporting instead of looking for lame heartless reasons and excuses not to help. God bless u all immensely. Who says Brain, Spine and other delicate Surgeries can't be done in Nigeria? I'm recuperating fine. Help me thank God. I survived!! Cc @shangeorgefilms @tundeednut @instablog9ja @yabaleftonline @nollywoodcircle @gistlover @pulsenigeria247 #tpublicist #Godmakesitwork #yabaleftonline #tundeednut #instablog9ja #gist #nollywood #operation #surgery #God #grace

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I SURVIVED!!!

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Entertainment Gists

Davido remembers late mother who passed away 16 years ago

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Singer Davido today remembered his late mother Veronica Imade Adeleke who passed away 16 years ago.

The 26-year-old took to his Instagram account to pay a poignant tribute to his late mother.

Sharing a beautiful photo of his mother, the musician professed his love for his late mom, while acknowledging that is her who has been protecting him all this while, despite not being around physically.

He wrote:

“LOVE U MOMMY!! !!! I KNOW ITS YOU THAT IS PROTECTING ME!!!!! I KNOW!!!! I LOVE U!! UR SON GALLANT DIE!!!!!!!! RIP!!!”

The late Veronica Imade Adeleke, a former lecturer of Babcock University died on March 6, 2003 at the age of 39.

She is survived by her husband Adedeji Adeleke, and her four children, Adewale, Davido, Sharon and Ashley.

 

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LOVE U MOMMY!! !!! I KNOW ITS YOU THAT IS PROTECTING ME!!!!! I KNOW!!!! I LOVE U!! UR SON GALLANT DIE!!!!!!!! RIP!!!

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