Irv Gotti turns himself in

Irv Gotti turns himself in

Irv “Gotti” Lorenzo and his brother Christopher surrendered to authorities in a murder conspiracy and money-laundering probe, along with alleged drug kingpin Kenneth “Supreme” McGriff.

The Lorenzos surrendered to the FBI today (January 26) at 10:00 am on various counts of money laundering.

Federal investigators accuse McGriff and the Lorenzo’s of laundering millions of drug proceeds through the The Inc. label that Gotti owned jointly with Island Def Jam.

Irv “Gotti” Lorenzo and his brother Christopher surrendered to authorities in a murder conspiracy and money-laundering probe, along with alleged drug kingpin Kenneth “Supreme” McGriff.

The Lorenzos surrendered to the FBI today (January 26) at 10:00 am on various counts of money laundering.

Federal investigators accuse McGriff and the Lorenzo’s of laundering millions of drug proceeds through the The Inc. label that Gotti owned jointly with Island Def Jam.

McGriff, who is in prison on a gun charge, is charged with murder, racketerring and other crimes. Police also suspect McGriff in a drug-related double slaying in Owings Mills, Maryland.

In that incident, police found $30,000 in cash in a Baltimore house allegedly used by McGriff.

They also found large amounts of cocaine and heroin, promotional items from the “Crime Partners” movie that McGriff allegedly funded.

McGriff was an executive producer of the film, and Murder Inc. signed on to market the movie and release the soundtrack.

A $500,000 cash advance was paid to McGriff from Murder Inc.’s parent company, Island Def Jam.

In the same house, police found a surveillance videotape which bears the recording dates of July 13-16, 2001.

On the tape, Eric “E-Money Bags” Smith is captured parking his SUV on the Queens street where he was gunned down on July 16th, 2001.

Informants have told authorities that McGriff allegedly admitted to the slaying of rapper Smith, who was shot 10 times in his SUV.

In November of 2004, a Queens, New York couple was charged with the murder of Smith, who authorities say was shot out of revenge for alleged drug kingpin Kenneth “Supreme” McGriff.

Law enforcement officials claim that McGriff ordered Smith’s murder to avenge the murder of a friend, Colbert “Black Just” Johnson.

Sources stated that Smith shot Colbert in the leg, fatally striking a main artery.

Gotti has denied any knowledge of McGriff dealing drugs while working with The Inc.

Officials are now seeking to confiscate all assets of The Inc.

Source: All Hip Hop

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