Rapper Bow Wow was previously reported as owing a significant amount in back taxes and now SunTrust Bakn has reportedly repossessed his Lamborghini Murcialago due to his falling behind on a $300,000 business loan last year.
Even with the repossession, the hip hop star continues to owe over $20,000 to the bank.
TMZ reports that Bow Wow's financial issues can be attributed to his former management team, whom he has replaced. The rapper has not spoken at length about the issues recently.
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