FameCrawler

Lil' Wayne's Troubles

Posted by Sassy Smith

 

 

After a nasty rumor flooded the internet recently, concerning Lil Wayne's daughter Reginae's "death," which by the way (thank goodness!) turned out to be false, anything else probably doesn't seem that serious.  However, the 25-year-old rapper has other troubles now....

Dwayne Michael Carter Jr. aka Lil' Wayne has been accused by New Orleans jeweler Jack Sutton of not paying off a debt - a $146,000 debt!  Miami-Dade Circuit Judge, Scott Silverman's order states, "Final judgement is hereby entered against the defendant.  Carter owes Sutton $146,000 - which sum shall bear interest at the rate of 11% a year."  Now that's a lot of moola!

Carter, allegedly purchased a $138,000 diamond ring and a $32,000 gold and diamond necklace from Jack Sutton Fine Jewelry in the fall of 2006.  The deal went down by telephone with Lil' Wayne agreeing to make monthly payments.  He made one $24,000 payment and then that was it.  Sutton then filed suit, last October, but took 8 months to serve the singer with the complaint.

The lawyer for Sutton expects payment soon - or the item may get returned (the $138,000 ring), which would pay off most of the debt.  Lil' Wayne's lawyer has said, "We reached a settlement.  Everybody's happy."

You'd think that would be enough of a money problem to deal with but Carter also owes back income taxes - to the tune of $977,840.81!  His lawyer states "it's been paid," however, a release of the federal tax lien has not been recorded as of yet.

How does someone owe almost a million clams in back taxes?  That's quite a chunk of change to have to cough up.  Hopefully Lil' Wayne can get his money problems solved asap!

[Source]

Related Posts:

Lil' Wayne's Daughter "Alive & Well"

Lil Wayne's Daughter Dies? Her Mama Says "No"

Not True?-Lil Wayne's Daughter Did Not Die


+ DIGG + STUMBLE

Comments

 

shierra said:

hi lil wayne i am happen about your daughter is not in a car accident so i love u and your daughter!!!!!!

August 15, 2008 11:09 PM
 

Aaron said:

i love lil wayne but i dont  understand why he could pay all that up front i mean he made about 19 million in one week off the carter three album which was tight

thats what i think

September 8, 2008 9:15 AM

About Sassy Smith

I am a photographer and writer, who has a high-falutin' office (aka dining room table), four kids, one husband (I was dating Brad Pitt, but he was boring) and I live in Calgary. I often think I'm famous, but nope, that's just the people I write about.

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