| Music Producer Indicted For
Stealing Client Funds Plead and Asks No Prison
Time Now Fatico
SDNY
COURTHOUSE,
May 19 รข€“ 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. The case is USA v. Welch, 1:24-cr-79 (Carter)
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Friday, May 22, 2026
Music Producer Indicted For Stealing Client Funds Plead and Asks No Prison Time Now Fatico
