On April 21, 2021, Frederick Stahmer, 54, was federally indicted on four counts of wire fraud. The indictment also contains a forfeiture allegation.

According to the indictment, the defendant obtained thousands of dollars from multiple investors in his business, Frederick Entertainment Inc. Frederick Entertainment Inc. was a concert and music promotion company in Oro Valley, Arizona, that sought to finance, produce, market, and promote music venues located around the United States. Stahmer lost his investors over $1 million in funds due to this scheme.

Indictments are only accusations, and a defendant is presumed innocent unless and until proven guilty.

Related court documents and information may be found on the website of the District Court for Arizona at http://www.azd.uscourts.gov/ or on PACER https://www.pacer.gov/ , magistrate number: 4:21-cr-00793

The FBI would like to thank the Oro Valley Police Department and United States Attorney’s Office, District of Arizona, for their work on this case.