Man Who Defrauded Investors with Fake Pearl Jam, R.E.M. Concert Sentenced to Prison

By Music News Group

Image Courtesy Cass Bird/Warner Bros. RecordsA man who claimed to be organizing a benefit concert featuring Pearl Jam, R.E.M. and Bruce Springsteen has pleaded guilty of defrauding 30 investors out of a half-million dollars, and has been sentenced to just under four years in prison.

According to the Seattle Post-Intelligencer, Vancouver musician Kasey Anderson pretended to be organizing a concert and album to benefit the West Memphis Three, a trio of men who were convicted as teenagers in 1994 of the 1993 murders of three boys.

Their convictions were the subject of outrage, and prompted public support for the …read more

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