Lil Wayne Ordered To Pay $150K In Lawsuit Over Fake Concert Bookings: Report

BYAron A.Updated on September 26, 202220.6K Views

Lil Wayne attends the AE x Young Money Collab and Fall '19 Campaign celebration on July 15, 2019 in New York City.

Weezy gotta pay $500K but only because he didn't bother responding to the case.

Lil Wayne's legal issues have piled on but it seems like some of them haven't gotten to his desk. Unfortunately, that means that Wayne's gotta cough up some dough for some of them. According to TMZ, a judge has ordered Weezy to cough up $150K in a lawsuit claiming that he created fake booking companies to set up fraudulent shows. So, it seems nearly improbable that Lil Wayne took time from recording or skateboarding to create a sham company for a few bucks. The reason he was hit with a $500K judgment is that he failed to fight the lawsuit against him.

https://www.instagram.com/p/BSbzA49jeVA

Ramin Natan sued Lil Wayne and Migos earlier this year on claims that they were "Ponzi scheme artists" who created shell companies to take money for shows that they never even intended on performing at. Natan said that he gave out a $500K loan to another gentleman, Eric Strenger, who was allegedly promoting some Lil Wayne shows. The thing is, Natan believes Strenger lied about actually being a promoter and had issues with Wayne from the jump. Natan said Weezy took the $500K deposit but never actually took the stage or returned the money.

Wayne ultimately never responded to the suit in the first place so the judge hit him with a default judgment. Whether or not he plans on fighting it remains unclear.

About The Author

Aron A.

Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.