DMX’s family warns of scammers raising money for his funeral

DMX‘s family is NOT tied up for cash, and is NOT asking the public to save up for funeral expenses – and if you see anything online that says otherwise … it’s total bunk.

X’s immediate family members tell TMZ … many baseless rumors have circulated after DMX’s death last week, including one particularly absurd one – that his inner circle is raising money to help pay for his upcoming funeral.

This one is pretty easy to toss water on, as we’re told that family members absolutely don’t raise any money, and they actually want the public to know that campaigns suggesting the opposite are completely bogus and unrelated to the fam at all.

The family says they know there are a good number of scammers asking for money in X’s name … and they just want fans to be wary.

Here’s another thing people should be aware of … our sources say that X’s family is also NOT selling DMX merchandise at this point, so when you see things hitting the market right now – his family didn’t authorize it, and they don’t take advantage of it.

One last wild theory floating around – you may have heard Jay-Z and Beyonce bought the masters of DMX for a cool $ 10 million with the idea of ​​making sure his kids can reap the profits down the line. Yeah, the family sets that record right too, and … it’s BS.

The family says the masters of X don’t play with Jay and Bey at all. Yes, some are still under the control of Def Jam, but not necessarily owned by Jay.

So far, X has been honored in a few unofficial ways since his passing – fans created an improvised monument he was being treated outside the hospital, and there was a prayer watch detained for a few days before he died.