Lil Wayne is up for about $150,000 (£121,000) in charges for allegedly creating fraudulent companies to book fake concerts and it turns out he didnt even respond to the lawsuit.
According to TMZ, a judge has ordered the rapper to cough up $150,000 for breach of contract and fraud to investor Ramin Natan, but its a default judgment with the judge having ruled for Natan because Wayne didnt show.
The suit was apparently filed by Natan against Lil Wayne and hip-hop group Migos back in January, in which the investor claimed they were Ponzi scheme artists who created shell companies to get money for shows they never actually planned to perform.
The legal docs reportedly show Natan claimed he loaned $500,000 (£405,000) to a guy named Eric Stenger to promote Weezy shows.
Natan claimed Stenger collaborated with Wayne from the beginning and lied about being a concert promoter.
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He said Wayne received the $500,000 investment from him but then never performed and also never gave back the cash.
According to the legal docs, Lil Wayne was served with the lawsuit but he failed to respond, so the judge issued a default judgment against Weezy.
Typically, the courts will give a defendant one last chance to respond.
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This is the latest in a string of legal troubles for the 36-year-old.
Earlier this year he threatened his former record company Moments in Time with legal action because they wouldnt return an old lyric notebook of his, instead they were trying to auction it for £189,000.
He also filed a £15.2 million lawsuit against former attorney Ronald Sweeney for allegedly tricking him out of the same amount while he represented the musician for 13 yearRead More – Source
