(Photo by Andrew Toths/Matt Winkelmeyer/Getty images)
Damn,things aren’t looking too good for Migos, Lil Wayne and Young Money. According to the JasmineBRAND, an investor named Ramin Natan is suing these Rappers over $500,000 loan given to a third-party of Eric Stenger and Echelon Music Group. This money was supposed to be used to promote shows for both groups back in 2017, but the shows never happened.
In the lawsuit, it claims that Lil Wayne and Migos all benefited from the money but never offered to pay it back. Nathan is also accusing them of breaking their contracts and insists that Lil Wayne and Eric Stenger are “ponzi scam artists”. He believes that they created fake companies to collect the money.