According to TMZ, officials seized Wayne’s assets inside the house because of an unpaid $2 million judgment to Signature Group, a jet leasing company.
Apparently Wayne also owes the company $200k in lawyer’s fees.
The judgment was made in September. Footage of the home showed police cruisers, a flatbed truck and a tow truck.
According to Bossip, police seized over $30 million in art & other luxury goods.
“Weezy” then took to his Twitter & posted the following:
Stay up Wayne!
Earlier this month it was reported by Bossip that Russell Simmons was in a lot of hot water after his shady Rushcard company was stealing money from cardholders.
The hip hop mogul now says he’s ready to address the distressed card-holders according to The Wrap:
Russell Simmons says the technical issues plaguing his pre-paid debit RushCard are over. But the hip-hop mogul’s problems are just beginning.
“He should be very worried right now,” Joe Valenti, director of consumer finance at the Center for American Progress, told TheWrap. “Reputation is a hard thing to build, but easy to lose.”
Another expert said that Simmons had done a grave disservice to the African-American community who he was purporting to help.
“Russell Simmons has lied to the African-American community for years telling people that RushCard helps you build credit,” Ryan Mack, financial expert and contributor to Financial Juneteenth, a site dedicated to empowering the black community, told TheWrap. “This is a business of greed and exploitation of ignorance.”Simmons continued his damage control blitz across social media this week, telling cardholders that the RushCard fiasco is fixed.
“We can announce today that all major functionality, including 2 day advance direct deposits and card-to-card transfers, is restored,” Simmons posted on Twitter, Instagram and the RushCard Facebook page Monday. Although he admitted people may have to wait until October 30 to access government benefits directly deposited into their RushCard accounts, including Social Security and veterans benefit payments.
Via TMZ– The person shot in the leg at T.I.’s Atlanta restaurant is former NBA player Glen Rice Jr. — son of Glen Rice.
(TMZ) broke the story … a fight broke out at Scales 925 on Sunday night … after a verbal argument inside the eatery spilled out into the parking lot.
During the incident, shots were fired … and Rice was shot in the leg.
Cops say they have footage showing Rice running from the scene of the crime and ditching a gun by throwing it on a stairwell.
Rice was shown on footage getting into a Porsche and leaving the scene.
Police responded and pulled over the Porsche and found Rice Jr. bleeding from the leg — while in possession of 240 grams of marijuana and $6,000 in cash.
He’s been charged with reckless conduct and possession of weed.
Rice Jr. was a 2nd round pick in the 2013 NBA Draft … and was waived by the Washington Wizards back in January. We’re told Rice Jr. was exploring options to play overseas.
Read more about Glen Rice on TMZ
The Pen Hustle With Brandy Cavalli 
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