Sean “Diddy” Combs’ arrest two weeks ago may cost him his multimillion dollar liquor deals.
Combs, who is the brand ambassador for Ciroc vodka and acquired DeLeón Tequila brand, could lose millions if convicted of a felony, at least according to Rhymes With Snitch.
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The Bureau of Alcohol Tobacco and Firearms forbids anyone convicted of a felony within five years of receiving their license of being in the liquor business, the blog alleges.
Combs was arrested on the campus of UCLA after getting into a physical altercation with his son’s football coach. The hip-hop mogul was charged with felony assault and making a terrorist threat.
Fortunately for him, UCLA does not want press charges, however, the case has already gone to the district attorney’s office for review. A decision is reportedly expected this week.
Diddy reportedly earns upwards of $100 million in his liquor ventures.