Swizz Beatz Sued For $42M For Alleged Car Fraud

By Staff  |  09/27/2016

Swizz Beatz

Producer Swizz Beatz has been hit with a $42 million lawsuit in a civil racketeering case that alleges he illegally resold supercars he leased, reports the New York Post.

Swizzy (born Kasseem Dean) is one of the defendants named in the case filed in Brooklyn federal court last week, which alleges that he leased at least 10 supercars -- including a Bentley Continental and a Ferrari F12 -- from Metro Gem Leasing & Funding. Then, he and friend Macky Dancy either leased them to third parties at a mark-up or illegally resold the vehicles altogether.

A rep for Swizz Beatz said he and his family "are innocent pawns in a years-long, multi-million dollar dispute."

Beatz addressed the claims in an Instagram video, remarking: "Y'all gotta stop man. Y'all going too far with it now. Y'all giving me way too much credit. Now, I'm like the car kingpin. $42 million? What am I buying? Spaceships? Come on, man."

It's funny how fast the BS stories spread while the good stories never see the light!! Don't believe everything you read!! Car kingpin??? ๐Ÿค”๐Ÿค”Stop it!!! ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚ ok back to soccer practice with the kids๐Ÿ™Œ๐Ÿฝ

A video posted by therealswizzz (@therealswizzz) on