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

Ariana Grande And Iggy Azalea Are Conquering The World, One Billboard Record At A Time

Everything is coming up Ariana Grande these days, including a record that hasn’t...

Ariana Grande And Iggy Azalea Are Conquering The World, One Billboard Record At A Time

Win A Pair Of Lady Gaga Heartbeats Headphones From Beats By Dre

Welcome all you eagle-eyed freebie spotters to our latest competition where...

Win A Pair Of Lady Gaga Heartbeats Headphones From Beats By Dre

Sin City: A Dame to Kill For

It's taken nearly 10 years for filmmaker Robert Rodriguez and graphic novelist Frank Miller to get around to making this sequel...

Sin City: A Dame to Kill For Movie Review

'Harry Potter' Director David Yates Will Helm 'Fantastic Beasts' Spin-Off Film

It appears Warner Bros. has found the right man to direct the upcoming 'Fantastic...

 'Harry Potter' Director David Yates Will Helm 'Fantastic Beasts' Spin-Off Film

50 Cent Heckles Floyd Mayweather With Unique ALS Challenge: "F--k The Bucket Of Ice"

50 Cent is known for being involved in several feud's over the years, and it...

50 Cent Heckles Floyd Mayweather With Unique ALS Challenge:

Chase & Status - Music Speaks Story

Winner of Music Speaks, Tony Blaze, talks about what happened during his collaboration with Chase & Status and the...

Chase & Status - Music Speaks Story Video

Two Days, One Night

The Dardenne brothers consistently make compelling dramas that win awards, from Rosetta (1999) to The Kid With a Bike (2011)...

Two Days, One Night Movie Review

What If - Review

With his first romantic-comedy, Daniel Radcliffe proves adept at delivering snappy dialogue and generating strong chemistry with...

What If Movie Review

Statue Of Amy Winehouse To Be Unveiled In Camden Next Month

The late singer Amy Winehouse is to be honoured with a statue near her most...

Statue Of Amy Winehouse To Be Unveiled In Camden Next Month
Advertisement

Comments

Irv Gotti Newsletter

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

Unsubscribe | Unsubscribe All