
Antywan Ross also was sentenced Monday to pay more than $325,000 in restitution.
Ross, who now lives in Berkeley, Calif., headed RDA Group, an Atlanta-based firm he claimed would promote the concerts.
He told the investor that the money would be used for upfront expenses and that he'd be repaid with interest.
The shows never took place, the investor was never repaid and Ross admitted that he used most of the money for his own benefit.
He pleaded guilty last year to wire fraud.
The investor's name was not disclosed.
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