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The cousin of Jay-Z is under fire for allegedly scamming $250,000 from an investor in Roc Nation’s video game platform; for the rap legend’s entertainment company.
“Briant Biggs, cousin of the famed hip-hop star, was part of a team raising $1.5 million for Roc Nation’s video game subsidiary, Unanimous Games, according to the disgruntled investor, Blueprint Capital Holdings.
Ryan Collision, the president of Blueprint, says he believed in Biggs’ business plan to “bridge the gap” between eSports and the entertainment industry through live events and mobile video games. Famous rappers signed to Roc Nation like Meek Mills, Yo Gotti and Jay Park were expected to participate.
Collision says he invested $250,000 in March 2018. Unanimous Games promised that it would at minimum repay that money plus interest by March 2021, according to the Manhattan Federal Court suit. But that date came and went with no money from Unanimous Games, according to the filing.
Collision offered more time for Biggs to pay him back and asked for tax returns and other financials from the video game company, but Unanimous Games failed to respond, the suit says.
In July, Biggs spoke with a Blueprint representative and said that Unanimous Games was about to get a $5 million investment, the suit states. Following that investment, Unanimous Games would immediately pay Blueprint back, according to the lawsuit.
A few weeks later, Unanimous Games provided some financials to Blueprint.“Notably, Unanimous Games did not provide any tax returns, income statements, general ledgers, profit and loss statements, or any documents relating to the alleged $5,000,000.00 investment,” the suit says.
But the records did show that Biggs paid himself tens of thousands of dollars from Unanimous Games in 2019 and 2020, the suit claims.
It also allegedly revealed that Unanimous Games did not reach an agreement with Roc Nation until months after the first meeting with Collision. Roc Nation retained the rights to the rappers who would appear on the video game platform — even though Biggs had told Collision otherwise, the suit states.
Collision’s company accused Biggs, Unanimous Games and Roc Nation of fraud and breach of contract and is seeking an unspecified amount in damages.
Unanimous Games did not immediately respond to a request for comment.”