‘Wonder Blunder’ Promoter Facing New Charges

Marc Hubbard is scheduled to appear at trial in Honolulu in August for the Wonder case, but now he’ll also contend with new charges including federal conspiracy and wire fraud in Pennsylvania.

Hubbard and attorney Franklin Green are alleged to have defrauded investors of around $2 million, offering 30 percent returns for investing in concert promotions, according to an indictment obtained by the Charlotte Observer.

The indictment notes Hubbard claimed to investors his Sports Dimensions Inc. had $14.3 million in ticket sales between 2006 and 2008 from promoting acts including Jay Z and Beyoncé. But the money he collected didn’t end up funding concert promotions, and was instead used to pay other investors and cover personal expenses.

Hubbard is alleged to have made nearly $1.8 million in the scheme, and Green, who helped facilitate negotiations with investors, allegedly made about $333,000. Hubbard’s Attorney Pete Anderson told the Observer his client “fully intends to defend himself, and remains confident that he will clear his name. … Mr. Hubbard is a self-made, college educated, and hard-working businessman who has promoted many successful concerts in the past.”

If convicted, Hubbard and Green could each face up to 20 years in prison, the paper said.