Tag Archives: assets

Lil Wayne Takes Out A Loan & Uses His TRUKSTOP Skate Park As Collateral To Get Back His Possessions

Lil Wayne Takes Out A Loan & Uses His TRUKSTOP Skate Park As Collateral To Get Back His Possessions

Remember the $2 million that Lil Wayne owes to a private jet leasing company, Signature Group, after losing a lawsuit to them back in September?

Well Tunechi has now took out a $1.5 million loan to help pay off the bill and he is using his private Miami indoor skate park aka the TRUKSTOP as collateral.

This means that Weezy will be able to keep possession of his expensive art, plaques, and signed football helmets that the Miami police officers took when they raided his mansion earlier this month!

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Miami Police Officers Raid Lil Wayne’s Mansion & Seize $2 Million Worth Of Property

Miami Police Officers Raid Lil Wayne Mansion & Seize 2 Million Dollars Worth Of Property

Yesterday, the Miami Beach police raided Lil Wayne‘s mansion in the city to take certain assets that they think make up the $2 million bill he owes to Signature Group (a private jet leasing company), which a judge had ordered Wayne to pay after losing a lawsuit to them back in September and still hadn’t paid them.

According to TMZ, the security at Weezy‘s house (as he was in another city yesterday doing a club appearance) would not let the officers inside the house at first. However, they had a warrant from the court that allows them to break the locks if needed to gain entry and seize any property they want.

The police ended up taking several pieces of expensive art and plaques that Tunechi had hanging on his walls to make up the $2 million amount. Officers had also brought a person into the crib to value all of the art that Tune had, which was so called worth up to $30 million.

You can check out a news report video of the raid going down after the jump below, as well as also read Mr. Carter‘s response to it all!

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