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Michael Egan, the man who accused director Bryan Singer of sexually assaulting him when he was a minor, has been sentenced to two years in prison for fraud.

According to TMZ, Michael was convicted of securities fraud. He got at least 14 people to give him $300,000 to invest into holiday-themed attractions, but the money ended up going to personal benefit.

Michael previously was the plaintiff in the lawsuit against Singer and several other Hollywood execs, but his case was dismissed after many holes in his story were discovered.

Michael Egan, the man who accused X-Men: Days of Future Past director Bryan Singer of sexual abuse, has dropped his lawsuit four months after making the shocking accusations.

In addition to dropping the lawsuit against Mr. Singer, he has also dropped the lawsuits that he filed against former television exec Garth Ancier and former Disney exec David Neuman, according to Variety.

Michael accused the men of sexually abusing him when he was a minor during a trip to Hawaii. A federal judge granted the motion for voluntary dismissal on Wednesday.

Back in April, Bryan‘s lawyer announced his plans to counter-sue the accuser for making fabricated and malicious claims.

Hollywood executives David Neuman, Garth Ancier, and Gary Goddard have all responded to Bryan Singer‘s accuser Michael Egan in his case citing sexual abuse allegations.

“All of the allegations made by the plaintiffs against Garth Ancier are demonstrably untrue and we are confident the courts will agree when the evidence is presented,” Garth‘s lawyer said (via Variety). “As just one of many examples, Mr. Ancier has never even visited the estate in Hawaii where the plaintiff claims to have encountered him. Mr. Ancier is grateful to his friends, family and colleagues for their support.”

“Based on what we have heard, the allegations are without merit,” Gary‘s attorney added in his own statement. “Gary Goddard is out of the country, in China, until later this week. We have now received the complaint and will respond as appropriate.”

David said in a statement, “The disgusting allegations made against me are completely false.”

Find out more about the high powered execs right here.

Michael Egan, the man who claims that director Bryan Singer forcibly raped him fifteen years ago, has named three more alleged sex abusers, according to Variety.

Hollywood executives David Neuman, Garth Ancier, and Gary Goddard are the new men being targeted in the case. These names were unveiled at yet another news conference held by attorney Jeff Herman.

Here is the 411 on the men being named: Neuman used to be the president of Disney TV, Ancier was once the president of BBC Worldwide America and the Fox entertainment group, and Goddard produces off-Broadway shows.

Bryan‘s legal team is fighting back at these claims and the director reportedly has proof that he was not in Hawaii at the time that the abuse was said to have taken place.

Bryan Singer reportedly is saying he was not in Hawaii during the time period of August and October 1999 when he has been accused of sexually abusing Michael Egan.

Michael filed a lawsuit earlier this week alleging that he was sodomized and forced to take drugs when he was 17 at a house in Hawaii.

The X-Men director reportedly is ready to say he was not in Hawaii during that time – he was in Toronto shooting the first X-Men movie, sources tell TMZ.

Bryan will reportedly provide proof of this in the form of bills and other documents.

Stay tuned for more details on this developing story…

Bryan Singer‘s attorney has announced that he plans on filing a countersuit against Michael Egan, the man accusing him of sexual abuse fifteen years ago.

The 48-year-old director’s lawyer said they plan to bring “a claim for malicious prosecution against Mr. Egan and his attorney after we prevail,” according to Variety.

“The claims made today about Bryan Singer are completely fabricated,” Marty Singer said. “It is obvious that plaintiff’s attorney is not looking to litigate the case on the merits. This matter is nothing more than the attorney seeking to get his 15 minutes of fame by sending out a press release with his ‘media consultant’ yesterday following up with a press conference today. Attorneys who try cases don’t hold press conferences.”

Michael opened up about the accusations that he made earlier today at a press conference.

Michael Egan, the man accusing X-Men director Bryan Singer of sexual abuse, has opened up about the allegations during a press conference on Thursday (April 17) in Los Angeles.

The now 31-year-old claims that he was sexually abused by the director beginning at age 15 and up until he was 17.

“I was raped numerous times in that house, by numerous individuals,” Michael said. “You were like a piece of meat to these people.”

Michael claims that in addition to being raped, he was forced to take cocaine and other substances at so called “sordid parties.”

Bryan‘s lawyer is refuting these claims saying: “The claims made against Bryan Singer are completely without merit. We are very confident that Bryan will be vindicated in this absurd and defamatory lawsuit. It is obvious that this case was filed in an attempt to get publicity at the time when Bryan‘s new movie (X-Men: Days of Future Past) is about to open in a few weeks.”