Federal agents attempted to use a hip hop music mogul to snitch on Rev. Al Sharpton, Sean “Diddy” Combs and Wyclef Jean while negotiating a plea deal for drug trafficking and money laundering charges.
James “Jimmy Henchman” Rosemond wouldn’t bulge and didn’t give up any dirt on those named, IRS agent Marc Van Driessche testified Wednesday in Brooklyn Federal Court. Federal prosecutors were scouring Rosemond’s business dealings after accusing him of running a coast-to-coast cocaine ring that used his music business, Czar Entertainment, as a front.
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Wyclef allegedly received a $60,000 loan from Rosemond, that were proceeds from drug sales and Rev Al was allegedly given a $10,000 donation by the suspected drug kingpin. Mr. Rosemond said that Wyclef did not realize where the money had come from, however it was noted that he received over $800,000 in checks from companies associated with Wyclef Jean.
Jimmy was also questioned about his relationships with the Rev Al and Diddy,in which he described it as “cordial”. So far nothing has been able to stick to Wyclef, Diddy or Rev Al and their names are clear. However, Jimmy admitted on record that he shipped cocaine and cash from New York to Los Angeles inside cases built to hold musical equipment. They initially began with sending a few pounds of marijuana to the West Coast. After successfully doing so, sending shipments of firearms to various rappers, including the Game, was the next test. Once the guns successfully arrived, the drug gang began shipping 5 to 10 kilograms of cocaine inside each individual music case. SMH. The feds are watching.
This isn’t the first time Czar Entertainment/Jimmy Rosemond has been under investigation. The company was involved in a lawsuit with 50 cent, that eventually settled out of court. He was also allegedly accused of orchestrating the shooting of Tupac back in November of 1994.