The man who accused Bryan Singer, “X-Men” director, of assault, has himself been criminally indicted for securities and wire fraud.

Michael Egan, the man who claimed Singer organized pool parties to groom young boys, and then abruptly withdrew his lawsuit, was indicted by feds Thursday for allegedly defrauding investors by promising to invest money in Halloween-themed ventures, but instead pocketing the cash to pay for personal expenses.

Advertisement

Michael Egan

According to the indictment Egan lied about owning parts of Vegas hotels and casinos and knowing the CEO of a major bank. He also allegedly duped an attorney into telling his investors that he had $13 million in assets when in reality he had less then $11K to his name. h/t tmz

If convicted he could face up to 20 years in prison and $5 million dollars in fines.

Have Something To Add To This Story?
Comment Your Thoughts Below!
Share This Post With Friends And Family!