Grammy-winning producer/rapper Wyclef Jean EX-CANDIDATE FOR PRESIDENT IN HAITI is making headlines with reports claiming he may have received drug money from incarcerated music executive Jimmy Henchman in the past.
Although it is unclear whether Jean realized where the money came from, reports claim Rosemond willingly provided him with drug funds.
But during the trial, prosecutors introduced an October 13, 2011 Proffer Agreement, where Rosemond met with authorities in hopes of ultimately reaching a Cooperation Agreement with prosecutors. During the session on October 13, Rosemond admitted to a number of illegal activities. He admitted that 80 to 90 percent of his income was funded by drug money, and that he laundered the cocaine money through a variety of means. He also admitted that he gave Wyclef Jean $60,000 in cash from drug proceeds as a loan, with out Wyclef's knowledge. The government also said they began investigating Rosemond and Wyclef's business dealings, after Rosemond received over $800,000 in checks associated companies controlled by Wyclef Jean and his tour manager. (All Hip Hop)