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Legal
Czar Entertainment chief Rosemond found guilty of running drug ring
By CMU Editorial | Published on Wednesday 6 June 2012
James Rosemond, the former chief of hip hop management company Czar Entertainment, has been found guilty of drug trafficking and money laundering charges, just under a year since the one time music industry mogul was arrested in a Manhattan hotel.
Prosecutors said that Rosemond was the “kingpin” in an elaborate drug trafficking operation, and that he used his music business as a front to enable the distribution of large quantities of cocaine around the US. After a day of jury deliberations he was found guilty of all charges.
Rosemond maintains he was never involved in the cocaine trade, and has previously claimed to have been framed for his crimes. His lawyer expressed disappointment in the ruling yesterday, and told TheWrap an appeal would be filed before sentencing.
Rosemond could face life imprisonment for the crimes he’s just been convicted of.
