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A Thief? Mogul Russell Simmons Denies Accusations

News broke earlier this week that hip-hop mogul Russell Simmons and his brother Rev. Run were responsible for stealing millions of dollars from former Run Athletics President, Rasheed Young.

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According to TMZ

, the former Run Athletics exec is claiming that the famed brothers were “secretly funneling revenue from their company into a separate account.” After staying mum since word hit the news, Simmons finally opend up to TMZ while walking the streets of Los Angeles. “[Rasheed] worked for me … I fought to keep his job … and
I’m sorry he’s disgruntled, but that’s what happens. Anyone can say anything if a celebrity’s name’s attached to it … there’s nothing I can do about it … it’s false.” He continued, “We never stole any money from anybody.”

Russell clearly states that Young’s accusations are “not true,” and are nothing more than the remarks of a “disgruntled employee.”

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