Fat Joe Claims He Has Lost $10 Million Over Alleged Extortion Plot

Fat Joe has claimed that he has lost $10 million as part of what he calls an extortion plot which accused him of having sexual relationships with underage girls.
In a lawsuit filed against former hypeman Terrance Dixon and his attorney, Tyrone Blackburn, Joe has accused the duo of plotting a smear campaign against him by making up claims of rape and sex trafficking.


As a result of the allegations made against him, Joe claims that he immediately began losing out on commercial opportunities.
In legal documents, the "Make it Rain" legend says he was pulled from three primetime TV appearances with his new Joe & Jada podcast also losing out on sponsorship deals totalling hundreds of thousands of dollars.
He also alleges that the allegations led to national retailers halted negotiations with him about stocking his grooming brand Rewind It.
The documents say the deals could have been worth $10 million with a $7 million deal with a retailer collapsing in the wake of the allegations.


Joe is seeking at least $15 million in damages from Dixon and Blackburn.
Joe has aggressively denied the allegations made against him.
In a lengthy statement on social media, Joe wrote: "I've been tested the last few months - I've lost my big brother, my father, my mother and now i'm fighting against these disgusting lies. But please know I will not break and I will NEVER back down."
"I've had individuals in my circle take my love and kindness for weakness, but how many times must we forgive them?" he continued. "I've had people steal from me, grow jealous of me, lie on me. Through it all, me and my family are the ones stuck dealing with the consequences of their bad decisions."





Joe then proceeded to address his fall out with Dixon in 2019: "If you get fired for doing something wrong, just take the L and live with it. But instead, they plot on your downfall as they watch you move on with your life. They decide to go after one of the things you value the most - your reputation. They figure they can make up the most insane stories and, if they threaten you with a lawsuit, then you'll pay and they'll feel like they finally won."

via: https://hiphopdx.com/news/fat-joe-claims-lost-10-million-alleged-extortion-plot/