Swizz Beatz is in legal trouble over an alleged leasing luxury car scheme in New York. According to the New York Post, Swizz Beatz was served with a $42 million civil racketeering lawsuit, which was filed in Brooklyn, N.Y., on Wednesday (Sept. 21).
According to TMZ, Beatz formed a car leasing company years ago and used another company Metro-Gem to fund venture by paying for expensive whips ranging from Bentleys to Ferraris. Now, the company is suing Swizz Beatz for allegedly not living up to his word and taking money from them over a three year period.
The suit alleges that Long Island car dealership owner Macky Dancy leased cars to Beatz “for use for him and his wife Alicia Keys,” only for Beatz to re-lease them at rates of up to $7,000 per month. Metro Gem asserts that Beatz and Darcy conspired to mark up prices to unsuspecting third parties. Beatz allegedly leased out 10 cars in the last four years, including a Bentley Continental and a Ferrari F12