| Music Producer Indicted For
Stealing Client Funds Pled Guilty Asks 81 Days
to Surrender
by
Matthew Russell Lee
SDNY
COURTHOUSE,
Sept 29 – A music producer
charged with fraud and theft
was presented on April 17
before U.S. District Court for
the Southern District of New
York Magistrate Judge
Katharine H. Parker. Inner
City Press was there, the only
media in the SDNY Mag Court, threadette:
OK - now at
presentment of an allegedly
fraudulent music promoter Sean
Welch, arrested at JFK
airport. Indictment refers to
musical artist as
"Victim-1."
It says that in
2018, Welch took $229,900 from
Victim-1's accounts "in excess
of the fee to which Welch was
entitled." In 2019 and 2020,
he is said in the Complaint to
have drained Victim-2's
accounts. Then Victim-3, for
$293,968.
Welch has Federal
Defenders for today; it's said
he'll seek to retain his own
counsel.
Judge: Does the
government seek detention?
AUSA: The parties have agreed
on release on $50,000 bond, no
contact with victims.
Welch is in a jean jacket. And
we are adjourned
On July 12, 2024,
the US Attorney's Office wrote
in asking to delay a July 16
conference until August 27 to
allow "the parties an
opportunity to discuss the
possibility of a pretrial
resolution of this case,"
among other reasons.
On May 12, after
Welch pled guilty, his Federal
Defender wrote in asking for
no prison time.
On May 19 the US
Attorney's Office wrote in
saying that a Fatico hearing
will be needed as defendant
objects to more than $1
million in restitution and
forfeiture.
On June 26 the US
Attorney's Office made its
filing for the July 9 Fatico
hearing, noting that Welch
object to the inclusion of
three redacted individuals as
victims. The US insisted on
Victims 1 and 2, a loss amount
of $974,522.72 and a
sentencing range of 30 to 37
months.
On July 2 Federal
Defenders replies, noting that
the first [REDACTED] victim
"passed away in 2019 and so
isn't here to provide accurate
details of all his
agreements."
Jump cut to
September 29 when Welch's
Federal Defender wrote in
asking for an 81 day extension
to surrender for eight month
sentence, to December 26. Both
the prosecutors and pre-trial
services oppose the request.
The case is
USA v. Welch, 1:24-cr-79
(Carter)
***
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