Lil Wayne on a hover skate board. Photo: Lil Wayne/ Instagram
Lil Wayne spent an amount of $1.5m loan to help pay for the $2m he owed in debt.
According to TMZ, Lil Wayne reportedly owes $2m in debt to a private jet company.
The New Orleans rapper is using his private Miami skate park as collateral for the loan, after being imposed with a fine over his debt.
Lil Wayne will retain the artwork and other possessions that were taken by police when they raided his home earlier this month.
The rapper was reportedly stripped of signed football helmets and at least one of his Cash Money plaques.
© NET Newspapers 2015. All Rights Reserved. Please use sharing tools. Do not cut, copy or lift any content from this website without our consent.
…Read More
Source:: The NET
