John Mayer Sued for 2008 Ponzi Scheme Paycheck
John Mayer might have to forfeit some of his hard-earned fortune.
After unwittingly accepting Ponzi scheme-earned cash as payment for a performance in 2008, TMZ reports the crooner is one of many folks being sued in an effort to recover the lost funds for duped investors.
Seattle-based investment banker Darren Berg was recently sentenced to 18 years in prison for taking advantage of clients, to the tune of $100 million. Mayer was hired by booking agency Grabow & Associates for the concert in question -- via the agency, Mayer was reportedly paid using nearly $465,000 of Berg's illegally-obtained funds.
Now, the musician, 34, is being targeted by those tasked with recovering, and repaying, the money Berg owes his investors.
"John Mayer performed at a corporate event in 2008 and was paid for his services," Mayer's lawyer told TMZ in a statement Sunday. "The opportunity was brought to John through his talent agency, CAA."
Though no official decisions have been made, a judge may end up ruling that Mayer needs to give back the equivalent of what he was paid for his show four years ago.
This article originally appeared on Usmagazine.com: John Mayer Sued for 2008 Ponzi Scheme Paycheck
Hilary Duff, Katy Perry and more stars debut new 'dos on Instagram on today's Celebs Gone Social.Watch Video »
The ladies of "Pretty Little Liars" take New York City by storm on today's Celebs Gone Social.Watch Video »
From Kim Kardashian West and Kanye West to Sofia Vergara and Joe Manganiello, check out these red carpet PDA moments!Watch Video »
Sofia Vergara poses in a revealing neon bikini while her "Modern Family" castmates hit the beach in Australia on Celebs Gone Social.Watch Video »
Kim's Bikini Bod
Kim Zolciak-Biermann flaunts her bikini bod during a family vacation to the beach on today's Celebs Gone Social.Watch Video »
Taylor Swift and her brother celebrate Easter with an epic egg hunt on today's Celebs Gone Social.Watch Video »
Like us on Facebook?
UP NEXTWeek in Photos
From Crowd Ignite