Dec 14, 1998: Billy Preston Guilty of Insurance Fraud

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Billy Preston

Billy Preston

The soul-gospel musician Billy Preston originally from Houston, TX, was one of a number of people who came to be known as “The Fifth Beatle.” Of course the title well applied to Beatles manager Brian Epstein and record producer George Martin, or such original members as Stuart Sutcliffe and Pete Best. It originated with famed New York disc jockey Murray the K in 1964 when he shamelessly implied some kind of special relationship with the Fab Four during their debut visit to America.

Preston first met the Beatles in 1962 as a 16-year-old member of Little Richard’s touring band. He later became the only other musician to ever be credited on a Beatles album with playing on their recordings (as has been so well-documented on the 2021 docu-series The Beatles: Get Back), so that does count towards staking partial claim on fifth Fabbo status. He also worked with Harrison, Lennon and Starr in their solo careers.

As well, Preston had his scrapes with the law over the years. In 1998 he pleaded guilty to insurance fraud in a Los Angeles court and agreed to testify against six other defendants (that included his former manager) who allegedly participated in starting fires, staging thefts and rigging car crashes for which a total of 18 fraudulent insurance claims were filed. Preston’s offenses in that case included setting fire to his own home. He was sentenced to serve five years of probation and one year in jail to run concurrently with a sentence he was already serving for violating probation on a prior conviction for cocaine possession.

His solo career was a case of “all or nothing” with five Top 5 pop singles, while most others barely dented the charts. He enjoyed two #1 hits, 1974’s “Nothing From Nothing” and 1973’s “Will it Go Round in Circles.”

This ad appeared in the April 21, 1973 issue of Record World

His other Top 5 hits: 1972’s “Outa-Space,” 1973’s “Space Race” and the 1979 duet with Syreeta, “With You I’m Born Again.”

Related: See where “Outa-Space” ranked among 1972’s biggest Top 40 hits

In later years Preston was able to overcome his criminal and substance abuse problems and toured with Eric Clapton and Ringo Starr’s All Starr Band. He died on June 6, 2006, at just 59 of kidney failure.

A documentary on Preston is being developed by White Horse Pictures, the company that has produced films  on the Bee Gees (How Can You Mend a Broken Heart), the Beatles (Eight Days a Week: The Touring Years), and Bob Dylan (No Direction Home), among others.

Related: Preston talks about his career and touring with the Stones

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1 Comment so far

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  1. 122intheshade
    #1 122intheshade 15 December, 2023, 22:42

    Was unaware of Billy’s insurance “problem”.
    Happy to hear he got his act together afterwards.

    He’s part of one of the greatest chart coincidences. In the summer of 1973, three people who played on “Get Back” had back-to-back-to-back #1s.

    First, Macca had “My Love”, followed by George with “Give Me Love”, followed by Billy with “Will It Go Round in Circles”. In late June, those were the top three singles on the Billboard chart.

    It’s like the Beatles never went away. Fifty years later, with “Now and Then”, they’re STILL here.

    The GOATs!

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