Wednesday, August 11, 2021

Jay Z's Cousin Uses Roc Nation to Scam Investor

Rapper Jay Z's cousin uses his connection to Roc Nation to scam an investor out of $250,000.00...

Jay-Z’s cousin duped an investor in a video game platform for the rap legend’s Roc Nation entertainment company, a new lawsuit claims.
Briant Biggs, cousin of the famed hip-hop star, was part of a team raising $1.5 million for Roc Nation’s video game subsidiary, Unanimous Games, according to the disgruntled investor, Blueprint Capital Holdings.
Ryan Collision, the president of Blueprint, says he believed in Biggs’ business plan to “bridge the gap” between eSports and the entertainment industry through live events and mobile video games. Famous rappers signed to Roc Nation like Meek Mills, Yo Gotti and Jay Park were expected to participate.
Collision says he invested $250,000 in March 2018. Unanimous Games promised that it would at minimum repay that money plus interest by March 2021, according to the Manhattan Federal Court suit.
But that date came and went with no money from Unanimous Games, according to the filing.
It also allegedly revealed that Unanimous Games did not reach an agreement with Roc Nation until months after the first meeting with Collision. Roc Nation retained the rights to the rappers who would appear on the video game platform — even though Biggs had told Collision otherwise, the suit states.
Collision’s company accused Biggs, Unanimous Games and Roc Nation of fraud and breach of contract and is seeking an unspecified amount in damages.