New York, NY – Fat Joe is being sued by the man who helped him open up a sneaker shop. TMZ reports Scott Spina, who co-founded UP NYC with Joe in November 2016, is suing the Terror Squad leader for allegedly cheating him out of money after kicking him out of the business.
In documents obtained by TMZ, Spina claims he contributed $150,000 of his own money to start the shop and pulled in an additional $300,000 from investors and loans. While the opening went well, reportedly earning $175,000 on the first day, Spina was booted from UP NYC just 20 days later.
Spina — known by nickname Scotty Kickz — claims Joe still owes him the $150,000 that he invested in the business on his own, plus what he believes is his rightful share of UP NYC. As a result, he’s suing the veteran MC over the money.
#Repost @fatjoe with @repostapp ・・・ All Roads lead to @upnyc Grand Opening Saturday Nov 5th. You never know who will be there.alot of surprises. Doors open at 10am. 3806 broadway NewYork Ny 10032 (158th & broadway) we gonna be Litttttt #upnyc
What Spina’s lawsuit overlooks is the fact he was recently convicted for wire fraud for illegal credit card activity. In July, he was sentenced to 35 months behind bars for defrauding customers and stealing their credit card information.
The U.S. Attorney’s Office says Spina racked up $550,000 in purchases from his customers’ stolen credit card numbers. He’s been ordered to pay $516,396.33 in restitution, according to the New York Post.
Joe hasn’t publically acknowledged the lawsuit yet, but he was plenty busy this weekend celebrating his 48th birthday. The Bronx-bred rhymer partied with everyone from Tiffany Haddish to Ja Rule at JAY-Z’s 40/40 Club on Sunday night (August 26).