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Promoter Pleads Out To Fraud Charge

STUART, FL (CelebrityAccess MediaWire) — A musician-turned-promoter has entered a plea of no contest to charges that he kept $80,000 from charity fundraisers that he had organized.

According to the Palm Beach Post, 36-year-old Lee Koenig could be facing up to 30 years in prison as a result of his plea.

Authorities began their investigation of Koenig after a local business owner reported that donations he had given to Koenig never reached their intended recipients. Koenig had reportedly collected the donations for two concerts, one which raised $40,000 in 2006 to benefit the Indian Riverkeeper organization and a 2007 event, which was continually postponed, that Koenig claimed was for the Humane Society of the Treasure Coast.

"There was a strong amount of evidence against him," Assistant State Attorney Lev Evans told the Palm Beach Post "We had a good chance of winning if the case had gone to trial, so this is probably his best shot."

Koenig is scheduled for a date with destiny, in the form of a sentancing on June 4th. – CelebrityAccess Staff Writers