Thursday, July 7, 2011

Feds Seek to Confiscate Millions In Property From Jimmy Henchman

Former rap manager/mogul James "Jimmy Henchman" Rosemond has been hit with 13 charges related to his role in a drug dealing operation that the government claims earned more than $10 million annually, in drug proceeds. According to reports, the 46-year-old has been charged with maintaining a "supervisory and management position" in a continuing criminal enterprise that began trafficking large amounts of cocaine in 2007. Federal authorities are seeking to confiscate Rosemond's $1 million-dollar condominium on the Hudson River in Manhattan, as well as a luxury condo in BelTell loss in Brooklyn worth almost $3 million. Rosemond faces up to life in prison if he is convicted on the drug charges, alone. He has pleaded not guilty.  

For the full story or to comment log on: http://www.allhiphop.com/stories/news/archive/2011/07/07/22833533.aspx

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