Could Diddy's Arrest Cost Him Multimillion Dollar Liquor Deals?

News & Views | Gerren Keith Gaynor | 07/01/2015 | 12:00 PM EDT

Hip-hop mogul could be in jeopardy of losing millions

Sean “Diddy” Combs’ arrest two weeks ago may cost him his multimillion dollar liquor deals.


Combs, who is the brand ambassador for Ciroc vodka and acquired DeLeón Tequila brand, could lose millions if convicted of a felony, at least according to Rhymes With Snitch.


WHO'S THE REAL TERRORIST? DIDDY VS. DYLANN ROOF

The Bureau of Alcohol Tobacco and Firearms forbids anyone convicted of a felony within five years of receiving their license of being in the liquor business, the blog alleges.


Combs was arrested on the campus of UCLA after getting into a physical altercation with his son’s football coach. The hip-hop mogul was charged with felony assault and making a terrorist threat.


Fortunately for him, UCLA does not want press charges, however, the case has already gone to the district attorney’s office for review. A decision is reportedly expected this week.


Diddy reportedly earns upwards of $100 million in his liquor ventures. 

(Photo: Thaddaeus McAdams/FilmMagic)

related stories

Secret Blame Game

Hillary Clinton Blames President Obama for Loss

#BlackHerstory

Kamala Harris Makes History, Elected To U.S. Senate

Driver At Large

New York Woman Raped By Man She Mistook For Lyft Driver

Un-Holy Move

Youth Pastor Forced Teenage Boys Into Prostitution

comments