Lil Wayne & Wu-Tang Clan's Unreleased Albums Could Be Seized By Government
photo credit: Erika Goldring l Getty Images
On Thursday, November 30th, Brooklyn prosecutors asked the federal courts to seize more than $7 million in assets from pharmaceutical mogul Martin Shkreli.
Surrounded by legal issues and currently awaiting sentencing for three felony accounts of security fraud, Shkreli purchased the unreleased Wu album for about $2 million, as well as attaining Tha Carter V album.
According to Billboard and Bloomberg News, a third party sold the Wu album for $1 million on Ebay during Shkreli’s current stint in prison, which is now prompting New York prosecutors to have the courts seize Shkreli’s assets.
Lil Waye’s Tha Carter V got in the hands of Skreli after he purchased a Bugatti from Wayne and found the album in the car. Wayne is threatening to sue Shkreli as well.
See what Shkreli’s lawyer said below: