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Bow Wow Broke?

I guess for some it's more money, more problems.

 

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Bow Wow Broke?

 

Bow Wow is being sued once again -- this time over his Lamborghini. According to TMZ.com, SunTrust Bank has filed a lawsuit against the 106 & Park co-host, claiming that he took out a $300,165 business loan and agreed to 84 monthly payments of $4,730. According to the suit, Bow Wow fell behind on the payments last year. The docs show that the bank repossessed the Lamborghini Murcielago -- and managed to get $161,000.. The bank then added on more than $25,000 for repossession expenses,

According to the suit, Bow Wow still owes the bank $27, 371.

Bow Wow is also being sued by a collection agency over a $283,000 judgment against him, stemming from a Ferrari that he also stopped making payments on.

Sources close to the rapper said that he blames all of his money issues on his ex management team. He has since fired the team and is now working on fixing his financial mess

 

 

 

 

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