Let this be a lesson to all you aspiring reggaeton musicians; be careful who watches over your money! It seems RKM y Ken-y’s manager has been arrested on fraud and money laundering charges.
This week, Raphy Pina and three of his associates were nabbed en route to New York. Raphy had been a well known name in the Latin music world, having worked with not only RKM y Ken-Y, but with Plan B and Zion y Lennox.
So far, it looks like Pina is facing 19 counts, which could lead to some serious jail time. It’s still unclear who exactly he’s accused of ripping off. We imagine it’s at least a few of his clients, as well as concert promoters and studio execs.
Raphy’s Pina Records label will most certainly be impacted by the damage. And we’re told that the IRS has questions for him too. With taxes due in just two weeks, it seems the feds felt now was the perfect time for Pina to pay the piper.
By Michael Lopez