Rapper Bow Wow claims he is not broke but is still facing several financial woes.
During an interview last week with Hot 107.9 Radio, Bow Wow says rumors of him being broke are false and also urged fellas to wrap it up while messing with females.
Sources say the rapper only has $1500 in his bank account and was ordered to pay $3000 a month in child support to baby mother Miss Joie.
According to TMZ, Bow Wow is now being sued by a Georgia Bank over a repossessed Lamborghini Murcielago
This is what TMZ wrote:
SunTrust Bank filed the lawsuit against Bow Wow — real name Shad Moss — claiming he took out a $300,165 business loan, agreeing to 84 monthly payments of $4,730.
According to bank records filed with the lawsuit, Bow Wow fell behind last year. The docs show the bank repossessed the rapper’s Lamborghini Murcielago — and managed to get $161,000.
You’d think that would be the end of it — but the bank tacked on more than $25,000 for “repossession expenses.”
Bow Wow also owes a Ferrari dealership $283,000.
Your comments below.
He better start pay his bills but being broke and having 1500 in the bank is a fall off smh.
Ain’t the first and won’t be the last… Dumb ignorant f–ks
Damm
Just wonder if dis is all a publicity stunt or what?
Just wonder if dis is all a publicity stunt or what?
broke as a joke.
bow wow really ain’t broke , y’all know tha.
Dis nicca is broke after making so much money.
forgive me Lord its the truth. I caught him this Morning for lying to his fans so i set him straight but keep it coming… Used to be a true fan of his but not anymore Thank u Jesus. Keep it coming..
the more i hear about this clown, the more i believe. I notice that dummy flew that slut along wit their daughter over to his 2mil dollar Penthouse in NYC as that nut claims according to his facebook. Probably one of his friends house he stayed in. talking about family time bullcrap. He prob did that so that hoe can shut up she too is suing him for child support