Lil Wayne’s has to cough up so major cash for allegedly creating fraudulent companies to book fake concerts—all because he didn’t bother to fight the lawsuit made against him.
According to TMZ, new legal docs that surfaced the rapper has been ordered to pay over $150,000 to Ramin Natan, who sued Weezy for breach of contract and fraud. And because Wayne didn’t pay the lawsuit no mind it resulted in a default judgment and the judge ruling in favor of Natan.
Back in January Natan filed the suit against Lil Wayne and Migos claiming they were “Ponzi scheme artists” who created shell companies to get money for shows they never reat planned performing.
In the suit, Natan alleges he loaned $500,000 to promoter Eric Stenger to promote Weezy shows. Natan accuses Stenger of lying about being a concert promoter, and claims Wayne knew all along about the scam. Natan alleges not only did Wayne receive the $500,000, he never performed and kept the cash.
Did he take a page from daddy Birdman’s book?!
Lil Wayne was served with the suit but since he failed to respond, the judge issued a default judgment against Weezy.
But Weezy maybe able to turn this around especially since typically, the courts can give a defendant one last chance to respond.
To say the least Wayne remains unbothered.
What’s your 2 cents?!