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Lil Wayne & Migos Accused Of Scamming Touring Companies With Phony Concerts

Migos & Lil Wayne
Photo Source: STLAmerican

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Lil Wayne & Migos Accused Of Scamming Touring Companies With Phony Concerts

Lil Wayne & Migos Accused Of Scamming Touring Companies With Phony Concerts

It seems like Lil WayneYoung Money and Migos may be at the forefront of a new lawsuit, alleging that they created fraud companies to book fake concerts.

Additionally, an investor, Ramin Natan, claims that the aforementioned parties organized separate ponzi schemes of sorts and , accepted monies for shows they’d never planned to put on.


RELATED: Kanye West Working On New Album With Migos, Lil Wayne, Timbaland & More


In addition, Natan states he loaned over $500,000 to a third-party, Eric Stenger and Echeleon Music Group; money that “intended” to promote Migos and Wayne shows in 2017.

Continued..

Furthermore, the lawsuit reportedly shows Wayne and Migos received $500,000 loans and never repaid them after failing to perform.

While Natan believes the artists and teams created shell companies to collect payment, he’s now requesting his $500,000 back, in addition to damages.

 

 

Screenshots via TheJasmineBrand


RELATED: Busta Rhymes Files $1.5 Million Lawsuit Against Man for Allegedly Pretending to Be His Manager


#PressPlay below to hear more from Migos on their relationship with Lil Wayne

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