Jay Z Target Of Alleged Multi-Million Dollar Extortion Plot

Producer Chauncey Mahan allegedly contacted Live Nation to sell copies of Jay Z recordings made between 1998 and 2002.

Jay Z was the target of an alleged multi-million dollar extortion plot that was thwarted by the LAPD Friday (April 18), according to TMZ

Producer Chauncey Mahan worked with Jay Z from 1998 and 2002 was in possession of a number of Jay Z master recordings that Jigga and his associates assumed were lost. TMZ says the value of the recordings is estimated to be between $15 million and $20 million.

The story says Mahan reportedly had the masters in a Northridge, California storage facility and contacted Live Nation, with whom Jay Z has a partnership for Roc Nation, regarding the recordings. 

Mahan, who worked with Hov on Vol. 3... The Life And Times Of S. Carter and The Dynasty Roc La Familia (2000- ), allegedly planned to put the tapes up for auction or return them to Live Nation for a $100,000 “storage fee,” TMZ says.

When Mahan went to meet with Jay Z’s representatives Friday, he was met by the LAPD. He was detained and brought in for questioning. He also provided the LAPD with the recordings until a judge determines ownership of the recordings. 

Mahan was released and Jay Z’s representatives filed a grand larceny complaint with the NYPD Friday.

The Beverly Hills police department is also investigating the extortion allegations, as Live Nation is based in the California city.

RELATED: Jay Z Unable To Avoid Depositions In Roc-A-Fella Logo Lawsuit

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52 Comments

  • Morons

    I love how all of you computer nerds are authorities of the law and the streets. "Oh, Jay Z snitched." "That's not street. " First of all, Jay Z makes a legitimate income doing music, so he handled the situation LEGITIMATELY. He's an entrepreneur; his drug past is beyond him now, so there's no reason to call people and get his hands dirty. That's what the police are for, to protect and serve. He's smarter than that. Secondly, most of you don't know the "code of the streets", so shut the fuck. In fact, I bet 90% of you posting don't get any exercise, are sheltered, and/or live with your mothers. The only time you witness what goes on in the streets is when you peek through your basement windows to see if the mailman delivered your Russian bride/blowup doll.

  • Anonymous

    "UGH, they are old masters of Vol. 3... The Life And Times Of S. Carter and The Dynasty Roc La Familia as the article states" ^ yay, you can read! but your lack of experience doesn't note how there can be different versions of that music from those albums, as well as songs that didn't make it out of the cutting room floor

  • Anonymous

    So Jay-Z is working with the Police now, how fitting.

    • Anonymous

      He called Curtis to ask for some tips.

    • Anonymous

      He has worked with the police for years now. Don't forget he signed Rick Ross to Def Jam. He introduced cop rap to hip-hop.

    • p - you a PUSSY

      No fucking way would I ever use a law enforcement queerbait for any fucking thing. "I ain't never met a pig in my life That I ain't wanna catch his body on the jig of my knife". You fucking dick loving cop boy

    • p

      are you that fucking stupid? really? you're already paying their wages with your fucking tax money you stupid cunt, so you're telling me you wouldn't use them for the services they are OBLIGED to offer you even though you're paying them? stupid fucking egg head

  • jimjim

    masters I wanna hear em lets see whats on them jigga my nigga

  • Rozay O'Donnell

    And that's why Rick Ross will always be a top tier rapper in the industry. He's much more low key, classy, and doesn't pull ridiculous publicity stunts like the one pictured above. Name another rapper who: 1)has 6 number one albums 2)wins a feud with a formerly famous Queens rapper. 3)crashes his whip into a building and come out unscathed 4)owns a multimillion dollar restaurant franchise 5)was voted MTV's hottest emcee twice. 6)cancels his shows because gang members have the gall to threaten him because they're afraid of the harm he'll bring them

  • Gucci The Realest

    THIS is not gangsta Jay calling the LAPD! I thought you was real and handl your bizness like in the Streets? A nigga like Gucci would never call the police but will beat you up to get his masters back.

    • Always A Troll

      You know you sound ignorant right, where is Gucci? Oh, in jail. Meanwhile, Jay is on some private G5 sipping something you could never buy in your lifetime of begging from your mama. Get a clue and then take several seats troll.

  • Anonymous

    this nicca had lighter skin back in the day, guess he's been at the beach too much

  • Anonymous

    So what yall saying is that some old unreleased Hova tracks bout to let loose?? Lets hear them tracks!!!

    • Anonymous

      UGH, they are old masters of Vol. 3... The Life And Times Of S. Carter and The Dynasty Roc La Familia as the article states

  • Anonymous

    What's on those Masters? Is the real question this time period is consistent with the Blue Print era so it must be some heat on those lost records.

  • Lord Jamar

    Yo when is somebody going to ask me about this story?

  • iamjomos

    Hopefully there's some rare jay z recordings on these masters

  • Anon

    I'm way too important to be talkin' 'bout extortin'. Askin' me for a Porsche is like askin' for a coffin.

  • Anonymous

    what's on the masters is the million dollar question might have some heat in the stash

  • AshleyJKingsbury

    my roomate's aunt makes $76 /hour on the internet . She has been laid off for 10 months but last month her pay check was $14866 just working on the internet for a few hours. view it now.... ======================== WWW.WORKS12.COM ========================

  • Wayne4Life

    Wayne killed Jay's career on It's Good. "Talkin bout baby money? I got your baby money Kidnap your bitch, get that "how-much-you-love-your-lady" money"

  • Anonymous

    Nice to see Damon Dash trying to earn money again.

  • ofay watcher

    jayz the snitch

  • Hine1949

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  • Anonymous

    lol, wtf is wrong with these dudes, they can't even rob right instead of getting some cornball or a broad to "find" the masters and make "contact", you call with a story that forgot to notate they gonna remember YOU LOL

  • Anonymous

    Live Nation? more like Snitch Nation... werkin wit the FEDS.

  • dentaldamboy

    Why would this guy bother extorting Jay Z? Jay Z has no money right now. He's spending all of his money to stay in his fake marriage with Beyonce. It's a joke to think that his older recordings are worth $15mm to $20mm. Jay can't move units. Those recordings are worth a few hundred thousand at most. Probably not even mixtape quality.

    • Anonymous

      Both of you went full retard. Never go full retard.

    • Rozay O'Donnell

      If he called Ross up to bless those old recordings with a few bars of fire that could easily be worth 100 billion dollars or more in the future when he completely takes over the entertainment industry, he's already conquered rap.

  • Anonymous

    Doesent sound like extortion, it sounds like a finders fee. Shit 100K for some recordings worth 15Mill is a steal if you are JayZ and Live Nation.

  • Anonymous

    Does this mean Jay-Z and his company be out here snitching and set him up?

  • Anonymous

    who cares just post articles about kanye west and kanye west only

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