Over 2 weeks ago, it was revealed that Miami-Dade police raided Lil Wayne‘s Miami mansion and seized some of his personal items in order to satisfy a longstanding lawsuit against the rapper. The suit, which was filed by private jet leasing business Signature Company for a reported $1 Million, had been lingering for quite some time. With no payments made, the figured ballooned to $2Million, $800K in late fees and $200K in lawyer costs.
In the raid, police seized Wayne’s art collection which is worth $30 Million. Not wanting to part ways with his very valuable art pieces, Lil Wayne has now taken out a $1.5 Million loan in order to pay his debt while also putting up his skatepark as collateral. All of them items seized will soon be returned.
