All Things HOT

Bow Wow has Lamborghini Repossessed

Posted By: Latia · 10/12/2012 10:43:00 AM

 

Looks like Bow Wow may be going from his tricked out Lamborghini to a Honda Civic if he doesn't come up with some figures quick. It seems that SunTrust Bank of Georgia has filed a lawsuit against the rapper for failure to repay a $300,000 business loan. Shad Moss-- better known as Bow Wow, allegedly fell behind in payments a few months back, and as a result the bank repossessed his Lamborghini. Though the car did help with some of the debt, SunTrust tacked on an extra $25,000 "repossesion fee" in addition to the remaining  $20,000 Moss still owes. 

But, the loss of his beloved Murcielago may be the least of our friends finacial problems. In a further look, Bow Wow may owe back taxes from 2006, 2008, and 2010.

For some reason we can't help but think about the infamous Soulja Boy diss video, where Bow Wow flashes his Lambo pink slip. Ummm...awkward!

Posted By: Latia G.

 

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