Irv Gotti May Be Arrested As Early As This Week

[Shawn]

As reports suggest that the far-reaching federal investigation into rap impresario Irv Gotti and his Inc. record label is coming to an end — with arrests coming as early as this week — a lawyer for Gotti associate Kenneth "Supreme" McGriff says that the coming charges are groundless, and that all Gotti is guilty of is loyalty and friendship to McGriff.

Childhood friends Irv Gotti, whose real name is Irving Lorenzo and who is CEO of the Inc. record label (formerly Murder Inc.), and McGriff, a convicted drug lord, have been the subjects of an ongoing probe spearheaded by a Brooklyn, New York, U.S. attorney and which has been investigated by agents from the Federal Bureau of Investigation; the Internal Revenue Service; the Bureau of Alcohol, Tobacco, Firearms and Explosives; United States postal inspectors; and city cops in New York and Baltimore.

Rea the entire article at VH1

[DudeAsInCool]

Rap mogul, drug kingpin surrender to feds

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By Michael Weissenstein

Jan. 26, 2005  |  NEW YORK -- The hip-hop label behind music superstars Ashanti and Ja Rule was part of a murderous criminal enterprise that protected its interstate crack and heroin operation with calculated street assassinations, federal authorities charged Wednesday.

Label head Irv ‘‘Gotti” Lorenzo and his brother Christopher surrendered to the FBI on money-laundering charges Wednesday as federal prosecutors unsealed an indictment seeking to confiscate all the assets of their labe...

http://www.salon.com/news/wire/2005/01/26/...ogul/index.html