TeeRoy's 2 Cents:
- The same company once sued another Quality Control rapper,Ā Offset.
- If you can't afford your taxes, maybe fall back on the chains for a while until you get your money right.Ā
- It's a tough place to be in. Remember whenĀ 50 CentĀ was getting clowned for filing for bankruptcy, and he explained sometimes he rents cars, jewelry, and the suchĀ to keep up appearances?
Lil Yachty owes big bucks for some jewelry.Ā
The Atlanta rapper is allegedly on the hook for $233,000. Guvenās Fine Jewelry has sued Boat for breach of contract, sayingĀ heĀ didnāt payĀ for several pieces. Heās also accused of bouncing a $70,000 check.Ā
The jeweler has been servicing Yachty for a while. The agreement is, he keeps the pieces he likes as long as he pays up. Heās reportedly paid over half of the $600,000 tab for 20 pieces. But ever since the bounced check, those payments have stopped coming.
Yachty reportedly sent text messages explaining that he's unable to pay at this time because of large bills for taxes and other debts. Heās even trading some of his old possessions to get new ones --Ā like his new teeth. (Bossip)