LOS ANGELES (CelebrityAccess) — Charges of bribery, embezzlement and conspiracy have been dropped against Insomniac Events CEO Pasquale Rotella.
According to the Los Angeles Times, prosecutors in Los Angeles had accused Rotella and his business partner Reza Gerami of paying nearly $2 million in kickbacks in order to stage rave events at the Los Angeles Memorial Coliseum.
According to the Times, Rotella instead “pleaded no contest Thursday afternoon to a single misdemeanor conflict-of-interest charge." He has also agreed to pay $150,000 to Los Angeles County and serve three years of probation, the Times said.
“I always knew the charges were politically motivated and publicity driven. While it’s taken too long to finally put this behind me, I can now focus my energy where it belongs: my family and my company. Thank you to everyone who has supported me through this,” Rotella said in a statement released after the plea. – Staff Writers