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More trouble could be brewing for Compton, CA rapper The Game, as his business partner in the Atlantic City-based Black Wall Street East recording studio was arrested and charged with money laundering on Friday (Nov 17.)
John "Johnny Hooks" Abbey, 38, was charged with laundering over $100,000 for the 9 Tre Gangsters, a dangerous faction of the Bloods street gang that is engaged in criminal activities throughout New Jersey.
Police raided a house in Little Egg Harbor New Jersey and a construction company Abbey was invested in. Police also searched the offices of the Black Wall Street East, but declined to reveal if The Game, was a suspect in the investigation.
"The investigation has led us to various financial tools used by the gang to finance their operations and to move proceeds of their crime," state Division of Criminal Justice Director, Gregory Paw told the Star Ledger. "It was a significant issue for us to learn how they have infiltrated legitimate businesses and used sophisticated techniques to finance their endeavors."
Abbey was charged with first-degree racketeering conspiracy and held in lieu of $750,000 bail. He faces up to 20 years in prison if convicted of the charges.
The Black Wall Street East was launched in October of 2005 with Game, a former member a Los Angeles faction of the Bloods.
According to the Game born Jayceon Taylor, other Black Wall Street facilities were scheduled to eventually open in New York, Atlanta, Miami, Detroit, Chicago.
In related news, The Game must appear in court on Dec. 12, to answer charges of impersonating a police officer in New York.
The Game's latest album Doctor's Advocate is in stores now.
Source: allhiphop.com
John "Johnny Hooks" Abbey, 38, was charged with laundering over $100,000 for the 9 Tre Gangsters, a dangerous faction of the Bloods street gang that is engaged in criminal activities throughout New Jersey.
Police raided a house in Little Egg Harbor New Jersey and a construction company Abbey was invested in. Police also searched the offices of the Black Wall Street East, but declined to reveal if The Game, was a suspect in the investigation.
"The investigation has led us to various financial tools used by the gang to finance their operations and to move proceeds of their crime," state Division of Criminal Justice Director, Gregory Paw told the Star Ledger. "It was a significant issue for us to learn how they have infiltrated legitimate businesses and used sophisticated techniques to finance their endeavors."
Abbey was charged with first-degree racketeering conspiracy and held in lieu of $750,000 bail. He faces up to 20 years in prison if convicted of the charges.
The Black Wall Street East was launched in October of 2005 with Game, a former member a Los Angeles faction of the Bloods.
According to the Game born Jayceon Taylor, other Black Wall Street facilities were scheduled to eventually open in New York, Atlanta, Miami, Detroit, Chicago.
In related news, The Game must appear in court on Dec. 12, to answer charges of impersonating a police officer in New York.
The Game's latest album Doctor's Advocate is in stores now.
Source: allhiphop.com