EXCLUSIVE: Swizz Beatz – Blasts Allegations He Committed Fraud, Demands $42 Million Lawsuit Over Luxury Automobiles Be Thrown Out
As reported last year by TMZ – Metro-Gem Leasing & Funding filed a federal lawsuit against Swizz Beatz demanding $42 million dollars in damages.
This year The Dirty can exclusively report Swizz Beatz has headed to court firing back at the $42 million legal battle accusing him of fraud over 27 luxury automobiles … with the music producer believing he was only dragged into the case due to his celebrity and he is demanding it be thrown out of court.
Metro explained the music producer formed a car leasing company and they agreed to bankroll the venture. They spent tens of millions on everything from McLarens, Bentleys, Porsches and Ferraris for Swizz’s company.
They said the producer even leased some of the vehicles for his own personal use … along with his wife/singer Alicia Keys. However, they said over a 3 year period he screwed them out of millions and refused to pay up for the luxury cars they purchased. Metro sued citing fraud against Swizz over 27 vehicles and they sought $42 million in damages.
Then on January 13th, Swizz headed to court blasting the legal battle accusing him of fraud and is demanding the case be thrown out. Swizz denies the allegations he leased automobiles directly from Metro and he only leased the cars from Dancy Auto … and returned any of his leased cars to that company NOT Metro.
Swizz calls the allegations against him nothing more than the company trying to make headlines with their falsehoods in an attempt to take advantage of the almost inevitable stigmatizing effect such claims would have on his professional career. He is demanding the entire case be tossed out of court.