Derek Ferguson, a former Bad Boy Entertainment CFO, testified on Day 19 about Combs-related companies, financial controls, bank accounts, internal transfers, and a wire to Casandra Ventura.
Witness
Derek Ferguson
Former chief financial officer of Bad Boy Entertainment and executive at other Combs companies.
Appeared2025 Federal Trial
648 lines·6 proceedings
About
Derek Ferguson, a former chief financial officer for Bad Boy Entertainment, testified on Day 19 about Combs-affiliated companies, financial practices, and periods when he managed Combs's personal finances.
On direct examination, Ferguson identified Combs and himself as authorized signers on accounts for Janice Combs Music, Combs Enterprises, and 207 Anderson LLC. He used December 2011 bank records to identify internal transfers into the 207 Anderson account and a $20,000 wire to Casandra Ventura, while saying he did not remember involvement in that payment. He also described finance-department procedures for recording, reconciling, and documenting cash transactions.
Defense counsel examined Ferguson about corporate relationships, operating agreements, expense reconciliation, cash procedures, security, and outside investors. Ferguson testified that personal and business expenses were separately categorized and that touring cash was documented and reconciled. The court admitted defense organizational charts for Revolt and Combs Enterprises, limited questioning about Diageo, and required questions to be tied to Ferguson's own knowledge rather than indictment language.
Ferguson said he had not seen company personnel help Combs commit crimes or commit violence. On redirect, he distinguished Revolt Films from Revolt TV and said he worked from Bad Boy's New York office, not from Combs's homes or hotel rooms. During recross, the court sustained the government's objection to a question seeking to frame that lack of observation around Combs's personal life, and Ferguson was excused.
Key Points
Ferguson identified account records for Combs-related entities and described December 2011 transfers into a 207 Anderson LLC account, followed by a $20,000 wire to Casandra Ventura; he did not remember involvement in that payment. [1]
Defense questioning focused on business structure and finance controls, including separate categories for personal and business expenses and documented cash-receipt procedures. The court admitted defense organizational charts for Revolt and Combs Enterprises. [1]
On redirect, Ferguson distinguished Revolt Films from Revolt TV and said he worked at Bad Boy's New York office rather than Combs's homes or hotel rooms. [1]
Trial Record (6)
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