LIL WAYNE is 22 million dollars in the hole thanks to former CASH MONEY attorney RON SWEENEY

Long Live The Kane

Tyrant Titan
Joined
Apr 30, 2012
Messages
16,940
Reputation
4,766
Daps
63,571
when it comes to celeb gossip, if its not one of the truly black reputable sites or TMZ, i ain't buying it

Yeah Hollywood Street King is a pretty obvious fugazzi gossip site along the likes of MTO (current headlines include "Puffy throws a boys only pajama party :lupe:" and "Trina was French Montana's Beard"...they're rehashing the actual legit story of wayne owing 12 mil in back taxes from like a year ago and just adding a bunch of sensationalized stuff on top it (12 becomes 22,baby and the evil lawyer are resonsible and now wayne can't even throw his daughter a bday party :sadbron:)

Not that "rapper didn't ppay taxes" is an outalndish story or anything..just this particular one seems to pretty clear click bait bullshyt
 

BrothaZay

Non-FBA. AdosK
Bushed
Supporter
Joined
May 5, 2012
Messages
65,028
Reputation
6,466
Daps
224,218
Reppin
The suburbs
It won't take Wayne too long to pay back 22 million.. He can make payment installment arrangements and leverage his property and publishing.. He's still a cash cow.. He can go overseas tour and make a huge chunk of that cash back..

The child support and codeine is what's eventually gonna be his downfall...
wont take very long?
You forgetting that the money he makes to pay bacc that 22 million is gonna be taxed too, lol
 

KAYBEE

Rookie
Joined
Nov 8, 2014
Messages
3
Reputation
0
Daps
0
Yeah Hollywood Street King is a pretty obvious fugazzi gossip site along the likes of MTO (current headlines include "Puffy throws a boys only pajama party :lupe:" and "Trina was French Montana's Beard"...they're rehashing the actual legit story of wayne owing 12 mil in back taxes from like a year ago and just adding a bunch of sensationalized stuff on top it (12 becomes 22,baby and the evil lawyer are resonsible and now wayne can't even throw his daughter a bday party :sadbron:)

Not that "rapper didn't ppay taxes" is an outalndish story or anything..just this particular one seems to pretty clear click bait bullshyt

Fameolous, theshaderoom and other blogs are up and coming but they're known in the gossip world. #research
 

KAYBEE

Rookie
Joined
Nov 8, 2014
Messages
3
Reputation
0
Daps
0
when it comes to celeb gossip, if its not one of the truly black reputable sites or TMZ, i ain't buying it
TMZ is not black and they're racist towards blacks and only trashes them. If you did your research you would know Fameolous is the site for all the latest gossip. They've only been out for like a year but they're known dude. As you see they made it to you.
 
Joined
May 15, 2012
Messages
8,291
Reputation
3,070
Daps
23,126
Fameolous is actually known dude. They're 1 of the top gossip sites when it comes to putting things out right away when it happens. Do you your research.

That just draws question to their credibility.

Any news outlet that rushes to report is a shytty source. Word to Mediafakeout
 

Long Live The Kane

Tyrant Titan
Joined
Apr 30, 2012
Messages
16,940
Reputation
4,766
Daps
63,571
Fameolous, theshaderoom and other blogs are up and coming but they're known in the gossip world. #research

oooo chile, do they be spilling the tea? :ohhh:

Didn't mean to besmirch their good name in the "gossip world" :pachaha: , just saying their "source" (HSK) for this is a 2 month old article from a poor man's MTO...not that that's not enough for a hundred-plus post thread of wild and baseless speculation or anything, just framing the facts..as inconsequential as they may be
 

Reggie

Veteran
Joined
May 19, 2012
Messages
91,731
Reputation
5,034
Daps
193,693
Reppin
Virginia
Eventually the blame has to fall on Wayne too. No way with the success that he was having that he shouldn't have had an independent lawyer and accountant to keep up with his money. From about 2007 up until like 2012 Wayne was on fire commercially and no way should he be in debt at all. This is because Baby's been screwing him but at the same time he is a grown ass man and shouldn't have believed anything they told him and took care of his own affairs. fukk giving me a new car or a crib.
 

bigrodthe1

The Kang
Supporter
Joined
May 1, 2012
Messages
12,071
Reputation
2,615
Daps
29,974
Reppin
7mile to SE & Uptown!
oooo chile, do they be spilling the tea? :ohhh:

Didn't mean to besmirch their good name in the "gossip world" :pachaha: , just saying their "source" (HSK) for this is a 2 month old article from a poor man's MTO...not that that's not enough for a hundred-plus post thread of wild and baseless speculation or anything, just framing the facts..as inconsequential as they may be
And Jacky Jasper is a straight up fakkit himself. The @KAYBEE person must run fameoulous :lolbron:
 

RTF

2Trill
Supporter
Joined
May 7, 2012
Messages
4,911
Reputation
678
Daps
12,258
It won't take Wayne too long to pay back 22 million.. He can make payment installment arrangements and leverage his property and publishing.. He's still a cash cow.. He can go overseas tour and make a huge chunk of that cash back..

The child support and codeine is what's eventually gonna be his downfall...
He can't go tour overseas - he's a convicted felon for a serious crime, he won't be allowed. T.I., Gucci, Wayne have left millions on the table by not being able to tour overseas.
 

Vilify

Superstar
Joined
Oct 29, 2014
Messages
7,198
Reputation
524
Daps
40,412
I suspect baby and wayne have fallen out as well. I rarely see them together in pics even though baby is very active on instagram. I also think baby and cash money are having financial issues. It seems Baby is doing a lot more endorsements and also desperately signing a bunch of artists. Chanel westcoast, paris hilton etc :huhldup:

If you think about it music ain't what it used to be. Nobody buys records anymore. First illegal downloads then Itunes came along but their payouts to artist were never that great and now people are moving away from that to streaming which is even worse for artists financially. So baby mostly gets paid from artist touring. It wasn't that way before record execs used to get paid from artist moving units.

Bottom line in the next few yrs dont be shocked when you hear baby is broke. :snoop:
 
Joined
May 15, 2012
Messages
8,291
Reputation
3,070
Daps
23,126
Don't they take liens out against property value. So that would mean that he has enough property value to have liens of that amount.

I'm not an accountant or lawyer, but the liens means he doesn't go to jail. And the fact he has 22 million in liens means he is actually a pretty rich man. I'm just saying, using logic.

Tax liens take precedence over any other debt. And no it doesnt have to be equal or less than the property value. If they sell the house youd just have an additional balance. Most likely if its in lien status his bank accounts have also been frozen.

And if they found that you negligently failed to pay the taxes you will eat jail time. Look at the interviews when Fat Joe talked about his jail sentence. He said the prosecutor admitted that it was 100% his accountants fault, but he still went to prison because the court held that as a head of household, regardless if you hired somebody, you are required to do your due diligence to make sure taxes are being filed and paid
 
Last edited:
Top