Diddy Trial: Derek Ferguson Wraps Up His Testimony On Day 15 (Part 2) (6/4/25)

On the afternoon of June 3, 2025, during Sean "Diddy" Combs' federal sex trafficking and racketeering trial, former Bad Boy Entertainment CFO Derek Ferguson took the stand. Ferguson, who worked closely with Combs for nearly two decades, provided insights into the financial operations of Combs' enterprises. He detailed how company funds were managed, including the use of corporate cards for expenses. Under cross-examination, Ferguson testified that he never witnessed Combs or his associates engaging in criminal activities or using threats to enhance the company's reputation. He emphasized his commitment to preventing financial impropriety during his tenure

Additionally, prosecutors presented bank statements to corroborate earlier testimony from Cassie Ventura's mother, Regina Ventura. The documents showed a series of transactions in December 2011, where $20,000 was transferred from Combs to Cassie Ventura, followed by a repayment from Cassie's father, and then a return of funds to him. Regina Ventura had previously testified that Combs demanded the payment after discovering Cassie's relationship with rapper Kid Cudi, threatening to release explicit videos if the money wasn't paid . The afternoon session concluded with these revelations, and the court adjourned for the day.


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source:

June 3, 2025 - Day 15 of testimony in the Sean ‘Diddy’ Combs trial | CNN

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