Fake Beyonce and Nicki Minaj Promoter Scams Investors Out of Millions

Fake Beyonce and Nicki Minaj Promoter Scams Investors Out of Millions

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A man who claimed to be a concert promoter for artists like Beyonce, Nicki Minaj, and others has been charged with fraud, announced U.S. Attorney for the Northern District of Texas Leigha Simonton.

Carlos Desean Goodspeed, 43, who operated under the assumed business name, “Straight Like That Entertainment,” was indicted on April 16 on three counts of wire fraud. He was arrested without incident at Dallas Fort Worth International Airport on Wednesday, and made his initial appearance before U.S. Magistrate Judge Renée H. Toliver on Thursday.

According to the indictment, Mr. Goodspeed allegedly told investors he was a concert promoter working in partnership with a multinational event marketing company. He allegedly solicited hefty investments and guaranteed returns as high as 50% in a short period of time.

For example, in July 2018, he allegedly solicited $400,000 from one victim, promising to pay him back $650,000 ($250,000 in profit) within four months. He claimed the money would be used to promote touring shows for artists Nicki Minaj and Future.

Credits:
https://www.justice.gov/usao-ndtx/pr/fake-concert-promoter-charged-million-dollar-fraud
Raph_PH, CC BY 2.0 https://creativecommons.org/licenses/by/2.0, via Wikimedia Commons
Nicki_Minaj_-_Live_Femme_Fatale_8.jpg: tamtam7683 from Southeast Michigan, United Statesderivative work: Truu, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0, via Wikimedia Commons


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