The Game's NJ Business Partner Charged With Money Laundering
Published: Monday - November 20, 2006
Words by Allen Starbury
The Game (Photo: Geffen Records)
The Game can't dodge trouble these days. The rapper's partner in his Atlantic City-based Black Wall Street East recording studio was arrested on Friday (November 17) for allegedly laundering money for gangsters.
Authorities arrested John "Johnny Hooks" Abbey, 38, with laundering more than $100,000 for the 9 Tre Gangsters, a faction of the Bloods street gang that is engaged in criminal activities throughout New Jersey.
Police raided the recording studio/offices of Black Wall Street East, a house in Little Egg Harbor owned by Abbey and a construction company that Abbey has invested in, according to the Star-Ledger of Newark.
"The investigation has led us to various financial tools used by the gang to finance their operations and to move proceeds of their crime," state Division of Criminal Justice Director, Gregory Paw, told the paper. "It was a significant issue for us to learn how they have infiltrated legitimate businesses and used sophisticated techniques to finance their endeavors."
Abbey was charged with first-degree racketeering conspiracy and held in lieu of $750,000 bail. He faces up to 20 years in prison if convicted of the charges.
Black Wall Street East was started by The Game (real name: Jayceon Taylor) as a recording studio for his Los Angeles-based company called Black Wall Street.
The Game has not been named in the investigation.
In related news, The Game is facing his own legal problems in New York for a recent arrest last week where he allegedly posed as an undercover police officer (see "The Game Arrested For Allegedly Impersonating Police Officer"). He is scheduled in court December 12 to face the charges.
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