Kula0707 wrote:
I was on a ride out and my back wheel locked up on my Vespa.
This is the perfect description of a "hard seise". It is caused from too much heat, typically from running too lean (not enough fuel mixed with the air). The lack of compression is due to the face of the piston being seared like butter over rings and trapping them in place. This prevents the rings from sealing, resulting in no compression.
You are looking at a new cylinder/piston at least, followed by proper jetting.