Atlanta, Georgia – Octaveon Woods has been arraigned on wire fraud and money laundering charges for his scheme to defraud colleges, universities, and others by falsely claiming that he was a booking agent for famous musicians such as Migos, Lil Yachty, and Lil Uzi Vert.
“Woods allegedly convinced others to pay him thousands of dollars to ‘book’ these artists for concerts and festivals—when he had no relationship with the artists at all,” said U.S. Attorney Byung J. “BJay” Pak. “Woods immediately laundered the money to try and conceal his fraud.”
According to U.S. Attorney Pak, the charges, and other information presented in court: Woods owned and operated several companies, including Global Talent Agency, GTA Bookings, and National Artist Agency, that claimed to be booking agencies in the entertainment industry. Woods advertised that these agencies represented dozens of famous musicians, comedians and other artists, including hip-hop and rap artists Migos, Lil Yachty, and Lil Uzi Vert.
Student groups at Emory University, the University of Missouri, and other victims hired Woods’ companies to book these artists for concerts and festivals. In reality, neither Woods nor his companies had any relationship with these artists. As soon as his victims would wire him money to book the concerts, Woods drained the funds by transferring them to other accounts and withdrawing them as cash.
Octaveon Woods, 26, of Decatur, Illinois, was arraigned this week before U.S. Magistrate Judge John K. Larkins, III. He was indicted by a federal grand jury on February 6, 2018.
The press release is available at justice.gov.