Suge Knight Insists Snoop Dogg Committed 'Bankruptcy Fraud' When he Purchased Death Row Records

Suge Knight Insists Snoop Dogg Committed ‘Bankruptcy Fraud’ When he Purchased Death Row Records

Suge Knight Insists Snoop Dogg Committed ‘Bankruptcy Fraud’ When he Purchased Death Row Records

Early last year, Snoop Dogg was able to purchase the label he formerly recorded on, Death Row Records. Now, the man who used to own the imprint, Suge Knight has recently said that the entertaining businessman may have acquired it fraudulently.

According to an interview the incarcerated Knight conducted with TMZ, he stated that the bankruptcy hearing that took place before was a violation of the law. He also feels that without his guide and leadership, Death Row will never be what it was.

Knight is currently serving 28 years in prison after being found guilty of voluntary manslaughter. He’s presently at CA State Penitentiary paying his debt to society.

When he was questioned about Snoop’s involvement with owning the label, he had something to say about his ownership. In his response, he was confident that he will retake ownership.

“Well, if he do, I doubt that. First of all, you gotta look at it like this: I am Death Row. So, I’m quite sure when it’s said and done, All Eyez On Me and Makaveli will definitely come back to me, and the rest of the stuff.

He goes on to state that the man who purportedly fronted the money for the label initially, Michael Harris was involved in the transaction. He states that Snoop was only able to purchase the label was due to his attorney not showing up for the court date, so they lost by default.

“But one problem with that is: Snoop has a partner, which is Michael Harris. They committed fraud, they bankruptcy fraud. I didn’t lose my company by doing anything wrong; they went in and the lawyer didn’t show up, and they got a default judgement.”

“I settled the judgement. They turned around and said I didn’t settle the judgement. But they committed bankruptcy fraud which we just found out for sure last week. When they filed for bankruptcy in ’95, they said it didn’t have anything to do with Death Row.”

The former executive goes as far as calling the transaction that took place illegal, insisting that what transpired shouldn’t have taken place.

“You can’t commit bankruptcy fraud and settle and do those type of things … It’s called illegal, it’s a crime. You can’t take the person who committed the worst crime of the century, taking Death Row from Black people and try to give it to white people, and think he gonna grab Snoop and they gonna get it back. It doesn’t work like that.”

BLACK ENTERPRISE reported last year that global investment firm Blackstone announced that the iconic Gin & Juice rapper acquired the Death Row Records brand and name from MNRK Music Group. The terms of the deal were not disclosed.

After taking the catalog of streaming platforms, Snoop announced in March that it has returned. Billboard reported that he signed a new deal putting Death Row classic records back on streaming platforms. On March 9, he took to Twitter to make it known that we could start hearing the classic Death Row catalog again.

Suge Knight Insists Snoop Dogg Committed ‘Bankruptcy Fraud’ When he Purchased Death Row Records

Leave a Reply

Categories

Discover more from The Industry Cosign

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights