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Bow Wow owes $280K on Ferrari lease
Creditors are chasing U.S. rapper Bow Wow for more than $280,000 he owes on a 2008 lease for a Ferrari, TMZ reported.
The musician fell behind on the lease in February 2009 and the leasing company sued and won a judgment of $216,084.75. Bow Wow never paid the judgment, which — with interest — has grown to $283,785.13, TMZ said documents show.
Bow Wow — who recently announced he will host 106 & Park on BET — told a custody judge this week he had $1,500 in his bank account and makes $4,000 a month.
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