Since Jason “Jam Master Jay” Mizell’s execution style slaying last year, nothing but speculations have surrounded the motives leading to the pioneer’s demise. However, a slew of jaw dropping and unheard details shed light on the murder in a forthcoming 10-page article soon to be featured in Playboy Magazine. In an exclusive interview with SOHH.com, an informant revealed that the legendary DJ was killed over drug money and shared shocking information on Russell Simmons and Lyor Cohen’s parts in Jay’s murder.
Just last week, several newspapers including New York’s Daily News and Newsday reported on a potential new lead. According to the reports, police was investigating into a possible connection with JMJ’s killing and his nephew’s recent shooting. Yet, according to the source, the police’s latest efforts are only smokes and mirrors to divert from what he claims was Jay’s alternate occupation. “That crap about the nephew being shot has no bearing whatsoever,” the informant, who wished to remain anonymous told SOHH.com via e-mail.
Jay allegedly began digging his own grave when he bought 10 kilos of cocaine from a Milwaukee supplier in June of last year. With protection from Ronald “Tinard” Washington, a man whom has been said to fit the killer’s description, Jay went to Washington D.C. to pick up drugs before going to Baltimore to a point man who then vanished with the dope without leaving a dime.
Jay was allegedly under pressure to reimburse the drug money, a sum that he obviously didn’t have. Though a few whispers have been heard on Jay’s possible drug dealing past, the focus of the investigation quickly shifted elsewhere. Besides sharing information, the informant also blasted the police’s corrupted investigation. “Attempts have been made to sanitize his [Jam Master Jay] memory at the expense of the investigation. An innocent man (Curtis Scoon) was readily touted as the prime suspect within 24 hours,” the source said. “One thing for sure is the investigation should’ve started at the crime scene and not with unsubstantiated claims coming from the likely suspects. I know all of these people personally and they’re all capable of treachery but the question is motive.”
The source also asserted that Randy Allen, JMJ records’ former bookeeper and his sister Lydia High’s hands aren’t clean. Late last year, reports surfaced that Allen and Mizell had a life insurance policy that would warrant either partner $500,000 if the other was armed while working. Allen denied the life insurance policy claims.
Many who heard theories of Jay being killed over borrowed money were stunned- thinking that the rapper’s highly successful career brought him enough revenue to cover any expense. Yet, according to the informant, Jay was broke, which is what lead him to delve into hustling in the first place. “Russell Simmons and Lyor Cohen want this case to go away because it exposes their mismanaging of Run-DMC’s career. Why else would Jay have to sell drugs? Russell and Lyor left the boy out to dry. They were mad he wouldn’t give them Onyx and systematically set out to destroy him. Even Run abandoned his bandmates in the last days,” the source said. “Run continuously canceled shows at the last minute with no good cause because he had the option of begging his brother for money which he did quite often. Jay and DMC needed the shows because it was their only source of income.”
Rapper Chuck D. will be featured on a two hour cable television special, “Music Wars: Open Mike,” that will engage industry experts on the question of file sharing.
The special, which will run on TechTV, will also feature questions from a live audience as well as phoned in questions about the controversial issue.
“The issue behind peer-to-peer file sharing continues to polarize opinion throughout the entertainment industry and in political circles,”said Vice President of Programming, Greg Brannan.
“With the RIAA recently launching an aggressive attack on individual song swappers in an effort to expand its legal battle against copyright theft, we felt that now was the time to present a comprehensive view of what’s happening.”
In addition to Chuck D., Nikke Hemming, the CEO of Sharman Networks, which owns and operates Kazaa will be featured, as well as former RIAA head Hillary Rosen, Congresswoman Mary Bono, Tommy Lee, Michelle Branch, Phish and Jesse Jordan, who recently settled a case with the RIAA for $12,000 after being hit with a lawsuit for file sharing.
Business mogul Russell Simmons is looking to sell his Phat Fashions empire, which includes jackets, shoes, sodas and cell phones.
Simmons recently held talks with Tommy Hilfiger and Kellwood, two large clothing companies and is looking to cash out for $150-200 million dollars.
Simmons seeks a deal that would allow him to remain in charge of the companies he founded. He is also seeking a portion of future revenues.
The 45 year-old mogul said that he needed the resources of a larger company to push his brand to the next level and is seeking to get his clothing lines into more department stores.
The company, which launched 11 years ago, saw profits of almost $29 million dollars last year.
Simmons recently signed a deal to sell his Def Con 3 energy drink to 5,200 7-Eleven convenience stores.
“It’s the fastest selling energy drink in their chain, it’s doing great,” Simmons told AllHipHop.com.
In similar news, Nelly is launching his own brand of energy drink called “Pimp Juice.” The drink is 10 percent apple juice, taurine, guarane, and several vitamins. Nelly’s camp is boasting “mixes perfectly with several vitamins.”
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