Eve Named in Federal Money Laundering Case, Rapper Denies Involvement

Eve has been fingered in a massive money-laundering scheme, involving her on-again, off-again boyfriend, Teodorin Nguema Obiang.

According to ABC News, Obaing—who is the son of President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea—is being accused of laundering millions of illegal funds in shell companies in the U.S.

A government report released yesterday (February 3) says that Obaing had Eve set up a fake company called “Sweet Pink, Inc.” in 2005 that may have been used to legitimize his money.

Obaing was known for flaunting his cash. In one instance he reportedly paid $700,000 to rent Microsoft billionaire Paul Allen’s 300-foot yacht to take Eve on a cruise around St. Barts.

Eve took to her twitter account earlier today to address the reports. “None of that is true,” she wrote. “Please don’t believe everything you read on the Internet. It’s negative and I don’t fuck with negativity. People tryna test me.”

Stay tuned to XXLMag.com as this story develops. —William Nilly

Recommended for You

Around the Web

Best of XXL

  • Vhingrhamesonyo’momma

    I always wondered how this bitch made loot, her last albums were shit,that tv show was boo-boo and the clothing line went the way of 2pistols. I knew she had to be doin’ somin!

  • http://www.bboycult.com $ykotic/Don McCaine

    1st Swizz, now Eve…

  • jihadjoe

    This is a monumental moment in hoodrat history. Eve topped all these chicks fucking rappers and athletes shes straight becoming a memeber of a family dictatorship.

  • jtm

    isn’t she hanging out with drew barryomore nowadays?

  • sealsaa

    LOL @ jihadjoe

    You must’ve forgot Lisa Raye’s brief stint as the first lady of the “Turks of Caicos”. A greater hoodrat Cinderella story has yet to be told, and the way in which the marrige ended? PRICELESS.

  • P81

    eve has been fingered…?
    What nasty man would do such a thing?!

    • matty21

      yeaa rite, wat man wouldnt do such a thing ass lol….i dunoo bout this, feel like some more is comin, dis n dat other sht wit swizz’s people…who knows, like she said, we shouldnt believe EVERYTHING we read on da internet….crazy, gotta get dat money tho

  • macdatruest

    Artists are good-you know people who are admired for their music or talent. Eve traded that to be a celebrity. Now celebrities- they all fall down!