(AllHipHop News) Embattled Hip-Hop mogul James “Jimmy Henchman” Rosemond has issued a statement to AllHipHop.com in regards to his federal cocaine trial, which is currently taking place in Brooklyn, New York.
Rosemond is accused of running a $10 million-a-year cocaine operation, that operated in Los Angeles and New York.
Prosecutors claim that Rosemond used recording studios to receive drugs and money and overnight shipping services, to send millions in proceed back and forth, between both coasts.
“This will be my biggest test to date. I will have to endure the constant lies of liars and the pointing of fingers of those trying to make me their ‘get out of jail free’ card,” James Rosemond told AllHipHop.com in an exclusive statement. “I am the perfect scape-goat for a case like this. I am the tailor made defendant in the eyes of the prosecutor.”
Prosecutors claim that Rosemond, who managed acts like Game, Brandy and had businesses with artists like Queen Latifah, used his legitimate companies in entertainment as a front, to launder drug money.
A number of Rosemond’s former associates in the alleged drug ring are testifying against him during the trial, which is currently underway.
“A year ago I predicted this to you in my statement exactly how this would play out,” Rosemond told AllHipHop.com. “But in all I want you to pay attention of how this unfolds, who the government witnesses are, their motive and the ambition of the prosecutors.”
Check out the full statement issued exclusively to AllHipHop.com below:
This will be my biggest test to date. I will have to endure the constant lies of liars and the pointing of fingers of those trying to make me their “get out of jail free” card.
I am the perfect scape-goat for a case like this. I am the tailor made defendant in the eyes of the prosecutor. A year ago i predicted this to you in my statement exactly how this would play out. But in all I want you to pay attention of how this unfolds, who the government witnesses are, their motive and the ambition of the prosecutors.
They started a while back planting the seed that I am the evil of Hip Hop, the cancer of the music industry. But what happen to Dexter Isaac and his fake Tupac allegations, why havent i been charge for that and wheres all the other things Im constantly accused of.
But no, those were ploys to turn an industry I served for over 20 years to turn its back on me. You will see the government informants march up on the stand and tell lies after lies and although i knew a few of them most were hanger ons, wanna be’s and down right fakers wanting to be in the music industry.
Truth will knock out the brains of false hood unequivocally. So I envoke my God and my lawyers to assist me in my quest for my honor, my dignity and my freedom. I retreat no more.