Former Bad Boy Exec Charged With Money Laundering

A former president

of Bad Boy Records has been charged with laundering $1 million dollars in drug

money through a bogus company.

Kirk Burrowes,

who filed a $25 million dollar lawsuit against Sean “P. Diddy” Combs

last year, is accused of depositing proceeds from cocaine sales into the bank

account of a company known as Gutter Keys.

The indictment

was unsealed in Manhattan Federal Court last week. The documents revealed that

Burrowes cellphone was tapped and authorities caught him talking to a New Jersey

man about using the proceeds to fund the operation of Gutter Keys.

In addition to

the wiretaps, the man Burrowes had the conversation with is now acting as an

informant for the government.

Burrowes is now

the president of another company, Plan B Entertainment. He is free on a $250,000

bond and according to reports, cannot leave his Harlem, New York residence.

Burrowes’

attorney Alexander Eisman told the New York Daily News that his client was being

framed.

"The informant

in this case is a person who is facing a very lengthy jail sentence and apparently

sees the fabrication of a case against my client as a way out of his own problems,"

Eisman said.

Burrowes flawsuit

against Combs claimed that he had been forced out of his stake in Bad Boy by

bat wielding thugs.

His lawsuit also

created a sensation in the Hip-Hop community when he claimed that Combs and

a group of men known as the “The Enterprise” helped orchestrate

the murder of Tupac Shakur in Las Vegas, Nevada.

Combs vehemently

denied the charges, saying Burrowes hadn’t worked for Bad Boy in seven years.

In November of

2003, a judge tossed the entire lawsuit, citing a “limitless number of

decencies.”

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