As reported here, yesterday news leaked that the feds were investigating Interscope Records for involvement in a drug ring. Documents obtained by TheSmokingGun.com charged that the company's L.A. offices were used as a transit point for cases filled with cash and cocaine by a drug-trafficking operation involving Game manager Jimmy "Henchman" Rosemond (pictured above). Interscope denied the accusations in a statement released yesterday:
"The information being reported in the press regarding Interscope Records' involvement with the ongoing criminal prosecution of James Rosemond is both erroneous and completely unsupported. Interscope Records has been informed by the United States Attorney's Office for the Eastern District of New York that there is no evidence that any employee of UMG or Interscope Records had any involvement in the drug trafficking ring being prosecuted by that office, nor any knowledge of the contents of any of the packages that were purportedly shipped to its offices. Further, neither UMG nor Interscope Records are a subject or target of the investigation. UMG and Interscope will continue to cooperate with the United States Attorney's Office regarding this matter. "
The allegations against Intersope were included in a document detailing evidence against Rosemond, CEO of Czar Entertainment and manager of the Game, who was indicted on 18 felony charges this week for drug trafficking charges after months on the run. Rosemond is being held without bail in Manhattan's Metropolitan Correctional Center.