Bobby Shmurda Super Fan Martin Shkreli Has Been Busted for Securities Fraud

Screen Shot 2015-12-17 at 2.24.39 PMA day after trolling the Hip Hop world with his desire to bail out incarcerated rapper Bobby Shmurda, and purchasing the Wu-tang album for a reported $2 million, Marty Mar came crashing down today when he was arrested for securities fraud . Marty came into our consciousness when it was discovered that he was jacking up the price for an AIDS medicine by something like  5000%.

via Slate

Shkreli is currently the chief executive of Turing Pharmaceuticals, which this Summer purchased the rights to Daraprim, a 62-year-old drug used to treat a potentially deadly parasitic infection, and promptly began charging $750 per pill.

Continue reading

[video] LA Reid Should Be Ashamed For Not Helping Bobby Shmurda

Dr. Boyce Watkins gives his take on LA Reid’s recent comments about not being able to bail out out Bobby Shmurda.

Reid recently told the Rap Radar podcast, via Vibe, “It made me feel like people don’t know anything about my business. It’s really not their business. That’s the truth about it. We’re not elected officials here, and we’re not at liberty to disclose how we do business.”

Continue reading

Bobby Shmurda and GS9 Crew Arrested for Guns and Narcotics Trafficking

Screen Shot 2014-12-09 at 7.47.57 PM

Everything was all good ‘bout a week ago.

via Billboard

The rapper Bobby Shmurda was arrested today after a long-term investigation by the NYPD related to his possible involvement in shootings and narcotics trafficking. This is Shmurda’s third brush with the law in recent months, following charges for possessing a gun and marijuana.

Anatomy of a Hit: How Bobby Shmurda’s ‘Hot Boy’ Came to Life

Kati Cornell, the director of public information for New York City’s special narcotics prosecutor, confirmed that the rapper was arrested in his car in the early hours of morning. According to official sources, he was arrested along with several members of GS9, the Brooklyn gang that also lends its name to Shmurda’s rap crew.

Continue reading