Soulja Boy Nearing Biggest Payday Of His Career: “Got Offered 400 Million”

Written By Cyrus Langhorne

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Atlanta rapper Soulja Boy has fans busting out their calculators after hinting at a possible $400 million deal being on deck.

SB broke the headline-generating news on his Twitter page early Saturday (April 30).

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Past reports revealed SB lost big bucks from fraudulent credit card purchases made on his Stripe processing system for hoover boards.

“I need help all the payments are fraud,” Soulja Boy wrote in an email to Stripe. “And it sent my account to negative because they all say they weren’t authorized. please help in any way you can thanks. I don’t want to have to pay all this money because of frauds is there any way to reverse these payments and get my account to Good standing.” (Atlanta Journal-Constitution)

Reports also claimed the bogus sales dated back to last summer.

From June 30 to Dec. 7, more than 75 percent of “of all orders associated with (Soulja Boy’s) account were disputed after the fact,” according to documents obtained by BuzzFeed. According to BuzzFeed, IO Hawk, one of the most popular hoverboards companies in the U.S., has also been targeted by scammers. (Atlanta Journal-Constitution)

Stripe had since issued a statement on the controversy.

Stripe responded to BuzzFeed News’ request for comment in a statement: “We can’t comment on the financial details of particular Stripe accounts for privacy reasons. Generally speaking, credit card network require merchants to limit disputed transactions to less than 1%. If a merchant’s dispute rate is above that threshold, card networks can and do enforce their limit by levying fines and, in some serious cases, refusing to allow the merchant to continue accepting credit cards at all.” (Buzz Feed)

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Written by Cyrus Langhorne

SOHH.com Writer. You're likely to find me covering hip-hop news and music releases. Netflix is still my go-to before Disney Plus.

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