Diddy Owes Nearly $100 Million In Mortgages On Homes Raided By Feds -- DETAILS!
perezhilton.comDiddy has not only a boatload of legal issues but a ton of debt, too! According to Dailymail.com on Friday, the 54-year-old rapper owes almost 100 million to the bank after taking out multiple mortgages on his homes.
Damn! He reportedly borrowed a whopping $140 million from several banks to pay for three mansions in Los Angeles and Miami. You know, the same homes that were raided by the Department of Homeland Security earlier this week as part of a reported federal sex trafficking.
A source revealed to NBC News the investigation also covers solicitation and distribution of narcotics and firearms investigation.
Let’s break it down. Related: Yung Miami Hits Back At Diddy ‘Mule’ Claims! The outlet reported that Diddy bought his eight-bedroom, 11-bathroom place in El Lay, located in the Holmby Hills neighborhood, for $39 million in August 2014.
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