MIAMI - A once high-flying concert promoter is facing contempt for failing to show up in Miami for a Securities and Exchange Commission fraud case.
A federal judge decided Friday to give 66-year-old John Utsick another week to give a deposition in the case. Utsick moved from Miami to Brazil in 2007.
The SEC claims that Utsick and others fleeced thousands of investors out of $300 million from 1998 to 2005.
Utsick once promoted shows around the world by acts ranging from Aerosmith to Elton John to Shania Twain. Utsick's lawyer says he won't come to the U.S. unless he is guaranteed he won't be arrested on possible criminal charges. SEC lawyers say they have no authority to make such a promise.