G Herbo and five other men were arrested earlier this month by the feds on charges they were running a multi-year, multi-million dollar fraud scheme.
Herbo, who pleaded not guilty, is facing 14 counts of conspiracy to commit wire fraud and aggravated identify theft.
The Feds claim that Herbo and his crew used stolen credit card numbers to purchase private jet flights, limousine rides, exotic car rentals, luxury vacations, and designer puppies.
Herbo addressed the charges in his new track 'Statement.'
"But anyway, said enough of that, let's talk about this paper (Let's talk about it)
Let's talk about them jets, yeah, let's talk about Jamaica (Come on)
Ask about me, I ain't never been a fraud (Never), I went hard from the start (The start)
In my city I'm a god, motherf*cker
If you know, you know
Never been no phony though (For real)
Rollies for my brodie though
Barely know Joe rodeo (For real)
Heard they lookin' for me, I'm like, "Oh, I'm on the way"
Bond money, know I'm straight
I spent a 130K at the gate (Yeah)," Herbo raps
Do you think Herbo beats the case?