Musician Kasey Anderson has been arrested and charged with wire fraud.

The star has been taken into custody by officials in Seattle, Washington after allegedly bilking money out of investors for a fake charity album, which he claimed was due to include tracks from Bruce Springsteen and Willie Nelson.

Since 2009, Anderson has reportedly received over $525,000 (£328,125) in funding to secure artists for the project, entitled Trapped Like a Ghost, but when the album failed to materialise, financial backers started to get suspicious, prompting a full investigation.

Anderson, who was formally charged with five counts of wire fraud on Tuesday (29Jan13), is currently out on bond and is due back in court on 19 February (13).

If convicted, he faces up to 20 years in prison and a maximum fine of $250,000 (£156,250), according to local publication The Seattle Times.