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Lil’ Wayne On The Hook For $150,000!!!

Lil’ Wayne On The Hook For $150,000!!!

Lil’ Wayne on the hook for $150,000. Because he did not bother to fight the lawsuit against him, rapper Lil’ Wayne is ordered to pay up.

Lil’ Wayne, A Ponzi Scheme Artist??

Claiming Wayne, along with Migos, were “Ponzi scheme artists”, they were both sued by Ramin Natan. Claiming the two created shell companies to get money, though they had no intention of actually performing any shows.

To promote shows for Wayne, Natan even claimed that he gave a loan for half a million dollars to a guy named Eric Stenger. Also claiming that the $500,000 was received by Wayne, but he never performed. Nor did he return the money.

Allegations were made by Natan that Stenger lied to Natan about the concert promoting efforts and was in on the fraudulent scheme from the beginning.

According to TMZ, legal documents show that Wayne has to pay Ramin Natan. Though he was sued by Natan for fraud and breach of contract, the default judgment came because Wayne was a no-show.

lil' wayne

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About The Author

Tuesday

Tuesday is an SEO-certified Senior Writer for Hip Hop News Uncensored, the trendsetting, top-rated blog, and website for all things Hip Hop. A native Washingtonian, she is deeply involved in the entertainment industry, including Hip Hop, R&B, Blues, etc. She is also a lover of movies and reading celebrity memoirs. Educated at American University in Washington, D.C., Tuesday is a published writer of poetry. Currently working on a novel, the black entertainment enthusiast has developed and maintained a black celebrity blog since 2018.

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