Bankroll Freddie Mostly Concerned w/ Getting His Jewelry Back As Rapper Faces Charges Of Drug Trafficking In RICO Case

Bankroll Freddie Mostly Concerned w/ Getting His Jewelry Back As Rapper Faces Charges Of Drug Trafficking In RICO Case

Bankroll Freddie (real name Freddie Gladney III) is up against some serious charges for alleged drug trafficking — but he just wants his jewelry back as he waits to learn his fate.

In connection with his ongoing RICO case, the Memphis rapper is suspected of transporting hundreds of kilograms of marijuana and cocaine. Bankroll Freddie allegedly discussed how successful his side business was in two different wiretapped conversations.

His charges include,

“conspiracy to distribute and possess with intent to distribute at least 100 kilograms but not more than 1,000 kilograms of marijuana and at least 500 grams or more of cocaine.” 

And while he’s facing some serious jail time if he’s convicted, Freddie apparently is mostly concerned with having the jewels taken at the traffic stop in April 2022 that resulted in his arrest returned. He and his counsel asserted that the US wasn’t adhering to a 60-day deadline to return his property.

Bankroll Freddie

Bankroll Freddie’s request for the restoration of property is being opposed by Jonathan D. Ross, United States Attorney for the Eastern District of Arkansas, and Assistant United States attorneys Julie Peters and Amanda Fields.

According to court documents obtained by AllHipHop,

“This Court should deny [Freddie’s] request for return of property for multiple reasons. First, the charges in this case have been dismissed, and the property at issue relates to an ongoing matter pending in front of Judge Moody. This dispute should be decided in that case. Second, the property is an item sought for forfeiture in the ongoing case.”

They added,

“Finally, the jewelry is evidence in the ongoing criminal prosecution. To the extent the motion relies on Title 18, United States Code, Section 983, it fails because that statue is inapplicable. [Freddie’s] motion should be denied.”

Freddie was previously taken into custody after being pulled over by Arkansas State Police for speeding. The police requested he exits his car after smelling marijuana coming from the vehicle.

A search of the car uncovered a sizable amount of cash—later estimated to be $33,662—along with a Draco-style pistol, a Glock handgun without a serial number, two sizable bags of vacuum-sealed marijuana, each weighing about 21.4 pounds, and jewelry. That day, all of Freddie’s personal belongings, including the disputed jewelry, were seized.

The rapper’s circumstances took an even more dramatic turn on November 9.

Bankroll Freddie

As previously reported, 34 defendants, including Freddie and his father, were listed in a lengthy 61-page indictment. According to authorities, the suspected gang members “voluntarily and intentionally conspired” to share drugs including cocaine, crack cocaine, meth, and marijuana. Freddie remains behind bars.

What are your thoughts on the entire situation? Let us know in the comments!


Authored by: S. G.