A Long Island businessman has been arrested and charged with bilking the producers of an upcoming Broadway musical by claiming that he had secret investors who had committed millions of dollars to the project.
Businessman Mark Hotton was charged Monday by federal prosecutors with defrauding the producers of the Broadway show “Rebecca – The Musical” by fabricating the prospect of $4.5 million in financing commitments and the possibility of a $1.1 million loan, so that they would pay him, and entities he controlled, more than $60,000 in fees and commissions.
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