Jimmy Henchman Says He Loaned Wyclef Jean Drug Money

The week-long trial of business mogul and accused drug kingpin James “Jimmy Henchman” Rosemond has not gone favorably for the former manager of clients including Game, Mike Tyson, Gucci Mane and others. With exclusive in-court coverage from AllHipHop, several witnesses have come forward against Rosemond, including his alleged coke connect in Los Angeles. The biggest bombshell, however, was Rosemond's admittance that he loaned Grammy Award-winning music artist Wyclef Jean a large sum of funds that was derived from drug sales.

Yesterday (May 22) in Brooklyn Federal Court, Rosemond's affiliation with Wyclef was put forth as evidence in the case as the prosecution continues to shore up charges that Rosemond helmed a $10-million dollar per year drug operation between New York and the west coast. Prosecutors introduced an October 13 Proffer Agreement from last year in court yesterday, in where Rosemond sought to offer details of his operation in order to reach a Cooperation Agreement. During the October session, Rosemond admitted he dealt in illegal activities, including saying that 80% to 90% of his income was supported by drug sales.

Rosemond said he loaned Wyclef Jean $60,000 dollars in drug money without the Haitian-American star's knowledge of where the funds came from. Rosemond also copped to selling Wyclef's driver several kilograms of yayo. Rosemond also supported Jean's 2010 presidential run in Haiti and also helped to organize a concert last year for Haitian president Michel "Sweet Micky" Martelly. The government put the pair's relationship in their sights after several checks sent to Rosemond from various business properties of Jean's amounted to around $800,000. Rosemond would also admit in the October talks with prosecutors that he used the offices of Interscope Records to deliver illegal contraband and also used rehearsal spaces in Los Angeles.

Rosemond's Cooperation Agreement was removed from consideration after Rosemond was found with a working cell phone in prison and exchanging texts with his brother Mario, a known fugitive of justice. Coupled with key witnesses who have testified in court against Rosemond in order to have their sentences reduced, the defense has said that testimony has been shaky at best and that prosecutors have been introducing evidence long thought to  have been excused from the trial. Still, Rosemond faces insurmountable odds as the case goes on.

The trial continues this week.