Bail revoked for man who admitted Broadway fraudOctober 17, 2013 @ 3:18 pm
CENTRAL ISLIP, N.Y. (AP) - A judge revoked $3 million bail for a former stockbroker who admitted conning the producers of a failed Broadway production of "Rebecca."
Mark Hotton pleaded guilty in July in separate federal court proceedings in Manhattan and on Long Island.
He admitted scamming Broadway producers of tens of thousands of dollars with promises to raise $4 million to save the ill-fated play. He also pleaded guilty to conspiring to launder the illicit proceeds of fraudulent activity.
Hotton had been free on bond awaiting sentencing. But prosecutors said he violated the terms of his release, including lying to officials about being fired from a job.
Hotton was ordered jailed until he's sentenced next February. He faces up to 20 years.
A message left with Hotton's attorney wasn't immediately returned.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
A fellow officer is in trouble for trying to help a Bellevue cop avoid DUI arrest
A new report reveals what Boeing is hoping for as states clamor for the 777X
The Holiday Map
Find lights, Santa photos, tree farms, and seasonal events with our holiday map
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.