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Rapper Jay Z Answers Government Subpoena From The SEC Regarding Fraud Claims Surrounding His Former Failed Clothing Line Rocawear (Deposition)

May 16. 2018

Jay Z

Thieving rapper Jay Z was forced into court this week, to answer a formal Securities and Exchange Commission (SEC) subpoena, after dodging the government's attempts at questioning him for the past 5-months, regarding a fraudulent financial deal he got involved in.

Jay Z boasted to the public that he sold his fashion line Rocawear to the company Iconix for $200,000,000. However, Rocawear was unpopular and not worth $200,000,000. Shortly after, Iconix posted a $200,000,000 loss related to Rocawear, which cost shareholders a fortune. The government is investigating the matter as an account fraud case.

Jay showed up informally dressed for the proceedings, to sit for a government deposition. Of course, being the complete hype job he is, much like his wife, Jay Z released items in the press claiming it would be held at an undisclosed location. It was held at the SEC's office.

Jay Z's wife was rebuked by a judge in a trademark infringement case, when Beyonce claimed she is too famous to sit for a deposition as her presence would create mass hysteria and require many bodyguards. The judge decided otherwise and ordered the thief to sit for an upcoming deposition.

Beyonce then stated the deposition must be held at an undisclosed location, due to her fame. She erroneously thinks she is bigger than Michael Jackson. Beyonce and Jay Z leave restaurants all the time without mass hysteria. They need to humble themselves. Even in the face of serious legal action, those two are still acting like entitled, deluded egomaniacs. They are so up their own backsides.

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