Jay Z - Jay Z in $30 million blackmail plot

Jay Z is at the centre of an extortion plot over old recordings.

The 'Tom Ford' rapper is allegedly being blackmailed by a former intern, who has demanded $110,000 to return master recordings of tracks such as 'I Just Wanna Love U (Give It 2 Me)' and 'Holla'.

The recordings are said to be worth $30 million and were recorded in New York between 2002 and 2003.

The ex-intern contacted Jay's Roc Nation last week demanding payment in exchange for returning the masters, which he had kept in storage in Northridge, California.

Roc Nation sent an employee to meet the intern at the storage locker and paid the culprit $2,500 to open it. Inside, the staff member verified that the recordings belonged to their 44-year-old employer.

Police were then informed, but as the recordings were never reported missing or stolen, officers claimed they couldn't help until a police report was filed in New York.

A source told the New York Post newspaper: ''The guy wanted cash and told Jay's people, 'If you don't pay up now, you will lose these recordings forever.'

''Roc Nation stalled him a day to get the police report filed in New York. They said they would come back the next day to seal the deal and filed the report in New York. Then, on Friday, the LAPD took the guy into custody, but he was released pending further investigation.''

Among the recordings include never-before-heard music which could be worth $25 to $30 million if included on a future Jay Z album.

The insider claimed: ''Jay owns the rights to his master recordings. Some of those in question are songs that are out, but there are others the public has never heard. An album of Jay songs is worth around $25 to $30 million, but there are also tracks that he wouldn't want out there.''


Contactmusic

Tags: Jay Z

Advertisement

More Jay Z

Kanye West Goes Off At Jay Pharaoh At Made In America... And He Might Have A Point

So Jay Pharaoh’s Kanye West impersonation from the VMAs is still fresh in everyone’s mind, right? Cool. Just checking. Apparently it was still on West’s...

Beyonce's Father, Matthew Knowles, Claims Solange/Jay-Z Elevator Fight Was Publicity Stunt

Everyone was talking about Jay-Z and Solange's elevator fight at the Standard Hotel after the Met Gala in May. And that was exactly what they...

Over A Year Later, Jay Z And Beyonce's Anniversary Trip To Cuba Got The "Okay" From The Treasury Dept

Cue the “no longer On The Run” jokes, as Beyonce and Jay Z are off the hook for their 2013 trip to Cuba. The Treasury...

Beyonce And Jay Z Have A Lot Of Famous Fans [Pictures]

They might struggle to behave themselves in an elevator but put Beyoncé and Jay Z up on a stage in front of thousands of fans...

Advertisement

Concertgoer Sexually Assaults Woman, Bites Man's Finger At 'On The Run' Show

Ok, overly enthusiastic music fans everywhere need to reel it in fast, because this is getting ridiculous. A man reportedly had his finger bitten at...

Beyonce And Nicki Minaj Link Up To Make All Our Dreams Come True With "Flawless" Remix

Beyonce and Nicki Minaj have decided to basically make all our female-driven hip hop music dreams come true and collaborated on a Remix of Flawless...

Beyonce Fends Off Divorce Rumours With Cute Instagram Snap

Rumours that a seperation is imminent have plagued the music power couple for months, ever since that night at the Met Costume Gala when Beyonce's...

Dancing In Denver! Budweiser Made In America Explore Colorado's Exciting Music Scene

Budweiser Made in AmericaWe explore the diverse Denver music scene as Budweiser unveil the latest in their series of documentaries ahead of the fast-approaching Budweiser...

Advertisement

Comments

Jay Z Newsletter

Subscribe to this news alert service to receive news and reviews on Jay Z

Unsubscribe | Unsubscribe All