Lil Wayne Loses $150K Phony Concert Lawsuit
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Lil Wayne has reportedly been ordered by a judge to pay $150,000 to settle a lawsuit over a phony concert scam.
Weezy must pay the money to Ramin Natan, who sued the Young Money CEO for breach of contract and fraud, according to TMZ.
Natan accused Wayne of creating fake companies to book and receive money for concerts he never planned to perform. The “Uproar” rapper did not contest the lawsuit, and the money was awarded by default.
Migos was also named in the lawsuit but there is no word about a judgment against the group.
Natan claims that he loaned $500,000 to Eric Stenger so Stenger could promote concerts featuring the rapper. However, he says Stenger lied about being a concert promoter, and he and Wayne were both involved in the scam. According to Natan, Wayne received the half-million, did not perform, and kept the money.
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