During his marriage to actress LisaRaye McCoy, ex-Turks and Caicos premier Michael Misick was investigated for public corruption by the Turks and Caicos Islands Commission of Inquiry. The ex-premier’s suspicious activities were believed to be so harmful, they contributed to the UK Government decision to suspend parts of the 2006 Turks Caicos Island
At “Target Of Corruption Probe Sues Hip-Hoppers For Supposed Fraud“, I first mentioned the nexus between former Turks & Caicos premier Michael Misick and Hip Hop Weekly Magazine. The Forbes article “The Premier And The Hip-Hop Magazine” discussed the same thing and also quoted me.
This article specifically examined the Former Premier’s alleged investment in Hip Hop Weekly Magazine through My Way Productions 2. The Forbes article additionally described Sir Robin Auld’s public corruption investigation of the Former Premier and asked at page 1:
“How did My Way Productions 2 get its funding? According to the investigation carried out by Sir Robin Auld, Misick supplied a document that showed $300,000 was transferred to My Way Productions 2 in 2007 from a company called Windsor Investment Group. Misick claimed the money was a dividend from that company, which he and his brother partially owned.”
The supposed transfer of $300,000 dollars into My Way Productions 2 had been expressly mentioned at page 146 ¶¶4.75 & 4.76 of Sir Robin’s “Final Report to the Governor of the Turks and Caicos Islands“.* The $300,000 dollars was also apparently discussed at pages 51, 53, & 54 of a transcript from the Former Premier ‘s January 14, 2009 public corruption hearing. Besides all of the foregoing, assertions made by New Jersey lawyer David J. Finkler might too shed light on the Former Premier’s connection to Hip Hop Weekly Magazine.…
The Court announced yesterday that there had been a settlement in the New Jersey case involving Former Premier Michael Misick of the Turks and Caicos Islands. The settlement is mentioned at the Court’s Order of Dismissal and by the current docket report.
According to various court filings, the Former Premier could have been a beneficial owner of Hip Hop Weekly Magazine through his alleged interests in: My Way Productions 2 LTD. (“My Way”), Z & M Media LLC (“Z & M”), and the holding company for Hip Hop Weekly Magazine, Hip Hop Global Media, LLC (“HHG”). (Cf. Defendants’ Answer, Counterclaim and Third-Party Complaint at p. 26 ¶ 7) (claim that the Former Premier and his ex-wife LisaRaye McCoy were “real parties in interest”).
The Verified Amended Complaint in the New Jersey case meanwhile, indicated at ¶¶7, 57, 75, 78, 80 and Exhibit “H”, that My Way or Z & M or HHG, might have been involved in making substantial capital contributions:
- $798, 647. 57 capital contribution from My Way into Z & M;
- $10,000.00 capital contribution from My Way into HHG;
- $833,334.00 capital contribution from My Way into HHG and Z & M;
- $260,000.00 capital contribution from Z & M to fund Hip Hop Weekly Magazine.
At first glance, there was nothing unusual about the lawsuit filed in New Jersey involving Former Premier Michael Misick of the Turks and Caicos Islands. The complaint in the lawsuit executed by the Former Premier, claimed that Hip Hop Weekly Magazine founders David Mays and Raymond Scott had misappropriated the magazine’s cash.
Mr. Mays and Mr. Scott separately alleged in their answer, counterclaim and third-party complaint, that the Former Premier had been an investor in the magazine and was basically one of its owners. On March 23, 2010, there was a status and settlement conference scheduled in the lawsuit, as mentioned by the Court’s docket entry:
(Click On The Above Image To View The Docket Report)
“Target Of Corruption Probe Sues Hip-Hoppers For Supposed Fraud” meanwhile, explained that the Former Premier had been the subject of a public corruption probe by the Turks and Caicos Islands Commission of Inquiry. The Inquiry issued its Redacted Final Report, which had once been available here. This Final Report asserted that the Former Premier was known to have enjoyed a “Hollywood lifestyle” beyond his salary and allowances as a politician. It also raised the critical questions: Had the Former Premier been a party to public corruption and could he have taken illicit monies?…
A complaint verified by Former Premier Michael Misick of the Turks and Caicos Islands, claims hip- hop pioneers David Mays and Raymond Scott breached the Z & M Media LLC operating agreement, at Exhibit “A”. The Former Premier, Mr. Mays, Mr. Scott and others, are believed to hold ownership interests in Z & M Media, which is the operating company for the biweekly “Hip Hop Weekly Magazine“.
The complaint additionally seeks damages for more than a million dollars from Mr. Mays and Mr. Scott because of an alleged fraud / embezzlement scheme. Amended Complaint at ¶¶ 161-164. It asserts that Mr. Mays and Mr. Scott might have misappropriated cash from Z & M Media. Id. at ¶¶ 33-44.
In responding to the complaint, Mr. Mays denied any wrongdoing via his opposing affidavit. He also stated that Hip Hop Weekly was “the bible of the hip hop industry” with an estimated readership of one million. Opposing Affidavit ¶4. Since February 2009, the magazine has been sold by the “CVS” chain and at many other retailers throughout the U.S., according to a letter from its distributor:
(Click On The Letter To Enlarge It)
On April 20, 2009 the Court issued a temporary restraining order against Mr. Mays and Mr. Scott, which prohibited any violation of the above-mentioned operating agreement. This restraint was continued by the Court’s Order dated May 19, 2009. Via their July 14, 2009 answer, counterclaim and third-party complaint, Mr. Mays and Mr. Scott however, alleged that the Former Premier had unjustifiably brought the complaint to gain complete control of Z & M Media. The Former Premier would then supposedly sell Z & M Media and its assets to fund his defense against a “likely criminal prosecution by the British government“. (Answer, Counterclaim & Third-Party Complaint, at pp. 23-24, ¶3).…