2010 doesn’t look like its going to be a good year for Eve. According to the Hiphopenquirer.com the rapper is planning to release an upcoming album this year, BUT an impending investigation into her involvement in what US Senators are calling “Illicit Movement of Millions of Foreign Dollars through the American Financial System” may possibly distract attention off of the long awaited release of her new music.

Senate investigators have devoted three years tracking money flowing into the United States from accounts of Eve’s “on-off and on” again boyfriend Teodorin Nguema Obiang. He is the playboy son of President Teodoro Mbasogo of Guinea. According to reports released last night, Obiang used middle men – lawyers, escrow and real estate agents, and in one case, used the first lady of Ruff Ryders Eve Jeffers to allegedly set up shell companies in the U.S. Through those shell companies, investigators say, Obiang wired in funds that enabled him to buy luxury cars, a $30 million dollar Malibu estate and place a down payment on a Gulfstream jet. Ummm, can you say balling out of control?? Investigators stated in their report that Eve’s “Sweet Pink” corporation may have also been a means by which Obiang laundered monies. The question is how much of this was known to Eve? Was she USED as a patsy in her boyfriend’s elaborate scheme to launder his money? We have learned that Obiang spent 700k to set up Eve’s record label and also paid $300,000.00 to rent a private yacht to give Eve a romantic evening at sea. At press time , Eve has not released an offcial statement but one is expected very soon. Based on Eve’s outfit in the picture, she seems to be tangeled up in more than red leather straps…Ohh what a tangled web that he wove…