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Posted: 9:16 a.m. Friday, Oct. 12, 2012
SunTrust Bank filed lawsuit against Bow Wow because he owes on his Lambo!! He took out a business loan worth $300,165 and agreed to make monthly payments of $4,730.
Bow Wow fell behind on payments last year, so his Lambo was repossessed. The bank managed to get $161,000 for the exotic car, but for the work put into retrieving the car and putting it on the market, they're asking for $25,000.
Bow Wow is also being asked to pay $283,000 from another vehicle he never paid, a Ferrari.
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