Tag: Lauren Baumann

Christian rock concert promoter sentenced in $1M Ponzi scheme

Lauren Baumann A federal judge has sentenced a promoter of Christian rock concerts to nearly five years in prsion in a wire fraud scheme that bilked nearly $1 million from investors.

Lauren Baumann, 43, of Downey, California, was the owner of Stewardship Estates, LLC, which collected nearly $1 million in loans, promising investors that the money would be used to host Christian rock concerts.