Ex-concert promoter pleads not guilty in $300M fraud case

February 18, 2015 8:06 AM

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A former concert promoter recently extradited to the U.S. from Brazil has pleaded not guilty to fraud and money laundering charges in an alleged $300 million fraud scheme.

Jack Utsick entered the formal plea Tuesday in Miami federal court. He was actually extradited last year following a lengthy Brazilian court fight, but encountered difficulties hiring a lawyer. Utsick is currently represented by a public defender.

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