1326094274 75 Jermaine Dupri is dead ass broke...what happen to ballin and making it rain?!Rap mogul Jermaine Dupri is at the center of a lawsuit over his 2005 Lamborghini Murcielago.

Premier Financial Services recently filed a lawsuit against the so So Def mogul in Georgia Superior Court, claiming he has failed to make payments on the car.

According to the lawsuit, Jermaine Dupri made a $70,000 down payment on the car and financed the remainder of the luxury vehicle at a price of $330,000.

He was to make 58 payments at a cost of $4,323, but around 2009, the mogul defaulted on the loan.

The lawsuit claims that Jermaine Dupri still owes almost $80,000 on the Lamborghini.

According to reports, Jermaine Dupri’s Lamborghini has already been repossessed and sold for $115,000, but the company is suing the rapper/producer for $79,095 damages.

Jermaine Dupri Broke?!

Related posts:

  1. Jermaine Dupri’s departure from Island Records…’the real reason’
  2. Why is Jermaine Dupri so mad
  3. Jagged Edge drops Jermaine Dupri
  4. Usher and Jermaine Dupri beef
  5. Jermaine Dupri And Mariah Carey Releasing Inspirational New Song