Murder Inc Associate Cuts Plea Deal

A MURDER INC associate has quietly cut a plea deal with authorities investigating alleged ties between the music label and New York's drug trade.

Court papers show that JON RAGIN - a convicted drug dealer who co-produced a recent film marketed by Murder Inc records - pleaded guilty to federal conspiracy charges. DEREK HAYES, who was arrested with Ragin earlier this year (03), has also agreed to a plea bargain with prosecutors in Brooklyn.

Prosecutors have described Ragin as a close associate of KENNETH 'SUPREME' McGRIFF, a convicted drug kingpin suspected of secretly funding IRV GOTTI's label, home to multi-platinum artists ASHANTI and JA RULE.

Ragin and Hayes were arrested during January (03) raids at various New York locations, including the Murder Inc offices and a sham tuxedo rental business linked to a 1999 murder. The men were accused of using the tuxedo shop as a front for laundering proceeds from stolen credit cards.

Ragin pleaded guilty last week (ends08AUG03) to credit card fraud and money laundering, and faces 15 to 19 years in prison at sentencing on 31 October (03). Hayes pleaded guilty last month (JUL03) to making illegal bank deposits. He faces six months to one year in prison at sentencing on 6 October (03).

According to an affidavit filed earlier this year, an informant told federal investigators that while "Gotti is the public face of Murder Inc, McGriff is the true owner of the company".

The affidavit was filed in support of a warrant authorizing seizure of bank accounts related to CRIME PARTNERS, a straight-to-video film marketed by Murder Inc. McGriff and Ragin were listed as executive producers of the movie, which starred Ja Rule, SNOOP DOGG and ICE-T.

12/08/2003 13:47

Contactmusic

Tags: Irv Gotti - Ashanti - Ja Rule - Snoop Dogg - Ice-T


Advertisement

Editors Recommendations

True Blood Recap: The Good Guys Face A Gang Of Vamps

Oh, True Blood, if only you could continue to delight and gross us out for a couple...

True Blood Recap: The Good Guys Face A Gang Of Vamps

Could HBO's "The Leftovers" Fix The Disappointment Of Damon Lindeloff's Previous Effort "Lost"

No matter how much the creators of The Leftovers try to convince is that...

Could HBO's

Zach Braff Reignites The Shins Connection for 'Wish I Was Here'

By the time you finish reading this article you will be enlightened. You...

Zach Braff Reignites The Shins Connection for 'Wish I Was Here'

Jenni 'JWoww' Farley And Fiancé Roger Mathews Welcome Baby Girl, Meilani Alexandra Mathews

The former 'Jersey Shore' star welcomed her baby daughter, "weighing...

Jenni 'JWoww' Farley And Fiancé Roger Mathews Welcome Baby Girl, Meilani Alexandra Mathews

Katherine Heigl Forced To Address Rumors That She Is "Difficult" To Work With

In a very awkward moment, Katherine Heigl was forced to address speculation...

 Katherine Heigl Forced To Address Rumors That She Is
Advertisement

Tracy Morgan Released From Rehab 5 Weeks After Fatal Crash And Files Lawsuit Against Walmart

Tracy Morgan's astonishing recovery continues as he is released from...

Tracy Morgan Released From Rehab 5 Weeks After Fatal Crash And Files Lawsuit Against Walmart

Christopher Walken Cast As Hook In NBC's 'Peter Pan Live!'

The 71 year-old Oscar winner is the first big name to be cast in the upcoming NBC...

Christopher Walken Cast As Hook In NBC's 'Peter Pan Live!'

Kasabian - Leicester July 2014 Live Review

Never backward in proclaiming their own worth, it's safe to say that Kasabian have always had...

Kasabian - Leicester July 2014 Live Review


More recommendations

Advertisement

Comments

Irv Gotti Newsletter

Subscribe to this news alert service to receive news and reviews on Irv Gotti

Unsubscribe | Unsubscribe All