Although Jermaine Dupri paid off his enormous tax lien of $3 million earlier this year, he's still suffering from financial problems. The SunTrust Bank has launched a new lawsuit against Dupri, because he has failed to pay back completely a $4.8 million loan he took out back in 2010.
Jermaine Dupri's financial woes just keep stacking up. In December of 2011 we reported on Jermaine Dupri getting sued over his Lamborghini, after he failed to make payments on the $330,000 vehicle (although he did make an initial payment of $70,000).
Jermaine Dupri continues to have financial trouble. It was reported last month that the rapper could lose the rights to his label So So Def if he could not repay an oustanding loan, and he has now been served with 2 hefty tax liens.
The passing of Chris "Mac Daddy" Kelly has been felt through out the hip-hop community. Many rappers and artists have already expressed their sorrow over Chris' death, one of them, Jermaine Durpi, was particularly close with the rapper.
Jermaine Dupri has finally settled his finances, paying off a $3 million tax lien stemming from 2008. The IRS filed the lien in 2008, claiming Dupri had failed to pay his taxes since 2006, resulting in back taxes of $3,095,004.64.