Sebastian’s former manager, David Jaques, has been found guilty of theft and could face jail time.
Guy Sebastian’s former manager, Daniel Gudbranson, has been found guilty of defrauding the singer out of $462,000.
The guilty finding is a lot to swallow for the once popular Australian singer who has been struggling with financial problems since his last studio album failed to achieve commercial success.
Gudbranson is now facing up to five years in jail and a $250,000 fine.
Jacques claims the guilty verdict is “a lot to swallow” and is planning to appeal.
However, he should take the time to reflect on the fact that despite his conviction, the songs Sebastian wrote for him will still be remembered by millions.
Sebastian has not commented on the situation. Jacques has been sentenced to five years in prison and a $250,000 fine.
Jacques was in charge of Sebastian’s finances for over a decade. He was sentenced to five years in prison and a $250,000 fine.
The court found that Jacques had stolen over $300,000 from Sebastian.
In February 2016, Jacques was arrested for fraud and money laundering in New York City. He was held without bail and the case is still pending.
Jacques’ lawyer says that his client is “devastated” by the verdict.
It will be interesting to see what happens next in this case, and whether or not Jacques actually goes to jail.