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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