Lil Wayne may be the president of Cash Money Records, but that doesn’t mean he’s always able to pay for his bling. Wayne procured a $138,000 diamond ring and a $32,000 necklace from a Miami jeweler, but failed to pay for the items. Consequently, the jeweler Jack Sutton has filed a lawsuit against the New Orleans rapper. According to the suit, Wayne owes $146,000 on the $170,000 purchase he made on October 6th.
Sutton claims that Wayne had agreed to pay monthly installments. He received a check for $24,000 on October 12. The second $24,000 check was postdated for January 18, and according to Sutton a stop payment was issued on that check when he attempted to deposit it.
Sutton was bewildered by the irresponsible behavior on the part of “one of his best customers.” “He spent a lot of money with me,” he said. “I thought we have a really good relationship. I don’t know what happened, unless it’s a misunderstanding.’”