Diddy's Downfall? Companies Cut Business Ties After Assault Accusations

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These are not good times for Sean Combs, AKA P. Diddy. Several companies cut ties with Diddy’s business ventures following the many sexual assault allegations against him.

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00:00 Companies cut ties with Diddy's business venture following sexual assault allegations.

00:08 Sean "Diddy" Combs founded Empire Global in 2021.

00:13 The digital marketplace offers products from black-owned businesses around the world, as

00:16 The Hill reports.

00:19 18 companies have now cut ties with Empire Global amid several sexual assault allegations

00:24 against Diddy.

00:26 House of Takora founder Anet Neau severed ties after hearing about Cassie's lawsuit

00:30 against The Music Mobile.

00:32 "We take the allegations against Mr. Combs very seriously and find such behavior abhorrent

00:37 and intolerable," she said to Rolling Stone.

00:40 "We believe in victims' rights and support victims in speaking their truth, even against

00:44 the most powerful of people."

00:47 Fulaba owner Javi Berry also issued a statement as well.

00:51 "Fulaba is all about empowering women and girls.

00:54 We will not associate with anything or anyone that is counter to our values," they said

00:58 to Rolling Stone.

00:59 News of the company's departure comes after a fourth lawsuit was filed against Diddy within

01:03 a matter of weeks.

01:07 Combs issued a statement denying the accusations on December 6th.

01:10 "Enough is enough.

01:12 For the last couple of weeks I sat silently and watched people try to assassinate my character,

01:16 destroy my reputation and my legacy.

01:19 Sickening allegations have been made against me by individuals looking for a quick payday,"

01:22 said VX.

01:25 "Let me be absolutely clear.

01:26 I did not do any of the awful things being alleged.

01:29 I will fight for my name, my family and for the truth."

01:31 - Diddy, VX.

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