Businessman Arrested for Allegedly Defrauding Broadway Producers of “Rebecca The Musical”

LawFuel.com –
Defendant Also Charged With a $750,000 Real Estate Fraud Scheme

Preet Bharara, the United States Attorney for the Southern District of New York, and Mary E. Galligan, the Acting Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), today announced the unsealing of a Complaint charging Long Island businessman MARK HOTTON with defrauding the producers of the Broadway show “Rebecca – The Musical” (“Rebecca”) 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. HOTTON is also charged with a second fraudulent scheme in which he tricked a Connecticut-based real estate company into paying him and entities he controlled $750,000 by using some of the same deceptions he employed in the “Rebecca” scheme.

HOTTON was arrested this morning at his Long Island residence, and is expected to be presented in federal court in Central Islip, New York

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