Irv Gotti is set to be indicted by federal prosecutors
in New York for charges involving million dollar tax schemes sources stated.
The charges, which will be made public this week,
are expected to be the first in a series of charges levied at the CEO of The
Inc. (formerly Murder Inc.) and his "childhood friend" Kenneth "Supreme"
Prosecutors allege that Murder Inc. failed to
report money earned from the sale of concert related items and that Gotti paid
McGriff hundreds of thousands of dollars in unreported salary and corporate
McGriff allegedly provided the label with muscle
due to his reputation as a former Queen's crack kingpin, while the label cleaned
Prosecutors are also looking into nine murders,
including several in New York and one in Baltimore.
They range from the murder of Queen's rapper
E-Money Bags, the murder of rapper D.O. Cannon, who had recently signed with
Murder Inc and the murder of a drug courier caught with two kilos of cocaine
in North Carolina.
The courier was gunned down in Maryland with
an associate two days later.
Gotti, his brother Chris and his McGriff are
also being investigated by the FBI and the Bureau of Alcohol, Tobacco, Firearms
and Explosives for various firearms violations.