Report: Birdman Forgot Bow Wow was Signed to YMCMB...

[MrCrookedLetter]

Why is he going to jail anyway?

Mortage fraud

 

[A1000MILES]

Yep...Thread is bout done na...

 

[a.mann]

Why is he going to jail anyway?

charged on August 31, 2012, in California Central District federal court with conspiring to commit mortgage fraud in a scheme that led to $3.8 million in losses. He was charged with one count of conspiracy. In a plea agreement Lister agreed to plead guilty to the conspiracy charges.

In addition to fraudulently obtaining the mortgages, Lister and his co-conspirators concealed from lenders the fact that he would receive kickbacks from sellers after the real estate deals closed.

Relying on the fraudulent applications and documents, lenders issued mortgages totaling $5.7 million. Lister subsequently defaulted on the four mortgages, causing those lenders and their successors to lose approximately $2.6 million.

Lister also admitted in his plea agreement that a certified tax preparer and co-conspirator Arcelia Chavez, 48, of Northridge, California aided and abetted him in obtaining one of the fraudulent mortgages and a fraudulent HELOC by preparing a false CPA letter, as well as fabricating W-2s and a pay stub. The false CPA letter stated that Chavez had prepared Lister’s tax returns. Chavez separately admitted in her plea agreement that she prepared the false and fictitious documents, actions that caused lenders to lose approximately $1.1 million.

 

[dalyricalbandit]

man this shit straight career ending stuff, more ppl from outside this website need to stumble upon this

 

[Turfaholic]

Lol Deebo snitched

 

[BobOblah]

so much ether...

 

[RawAce]

Bow Wow gonna be making ICDC college commercial next week

Niggas don't even know Romeo has $11 million endorsement deal with ICDC but I'll let yall keep clowning.

bullshit, my folks work for the advertising agency that got contracted to put those together. dude got 15,000 per commercial

rofl

sounds more reasonable

i wouldnt even think ICDC itself is worth 11million

 

[MrCrookedLetter]

man this shit straight career ending stuff, more ppl from outside this website need to stumble upon this

Who you tellin, its been tweeted to alot of places

 

[sully]

 

[woah316]

 

[lion_heart]

I'm literally in tears from laughter from Birdman's quote "What that got to do with me?" Fuckin hilarious

 

[BoldChild]

Yeah, I'm pretty sure @LamborghiniBow is really BowWow

 

[KillaCham]

LMAO @ signed a 4 album deal for "a ride to the sto'". Moving this to the Forum of Fame for sure. Gonna let it rock out a lil bit more though, pleighbois.

 

[sully]

 

[_Menace_]

Why is he going to jail anyway?

Mortage fraud

TF? they never explained that I thought he got locked up for being a bull lol or steeling Reds beach cruiser

 

[_Menace_]

Yall need to post this on the front page off AHH

 

[sully]

 

[MrCrookedLetter]

Man I thought I was done a long time ago... lmao

 

[A1000MILES]

Mane...Mane...Lmao...

 

[dalyricalbandit]

yo allhiphop needs this on the front page