Soulja Boy

Rapper-turned-reality TV star Soulja Boy might end up owing credit card companies $175,000 after he was scammed in a hoverboard chargeback scheme.

Soulja Boy hopped on the Hoverboard craze hoping to make a quick profit this Christmas season. The Atlanta rapper sold hoverboards for $1,500 each on his online store Souljaboard.com (the store now redirects to his blog).

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Wal-Mart is the first major U.S. retailer to capitalize on the hoverboard scooter craze. The skateboard hoverboards were made popular by artists such as rapper Wiz Khalifa who was yanked off his hoverboard and cuffed by airport security at LAX.

Wal-Mart secured the rights from American importer IO Hawk to sell hoverboard scooters stateside this Christmas.

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