Friday, May 6, 2011

Jermaine Dupri Facing Foreclosure

Music producer Jermaine Dupri has made millions of dollars -- he also doesn't pay his bills. According to WSBTV, Jermaine's 3,608 square foot 4-bedroom, 3 bathroom home on Mount Paran Road in northwest Atlanta was in foreclosure and set to be auctioned on the courthouse steps on Tuesday to the highest bidder, but for reasons unknown, the sale was canceled at the last minute.
Suntrust Bank had started foreclosure on an original loan amount of more than $2.5 million. According to records Channel 2 obtained from the Georgia Department of Revenue, Jermaine Dupri Mauldin owes the state $493,768.75 in back taxes for 2007. Channel 2's Tom Regan also spoke with a contractor who has a filed a lien against Dupri's property. Shane Cox of Design Logistics said Dupri still owes him $12,000 for managing the star's mansion. His services included renovation and design. "We would bring everything in, assemble, set up. Hang all the art. The art hanging in the house. Things along those lines. I feel he's a pretty nice guy. I hope he will come forward and take care of the debt we have," Cox told Regan. Regan also spoke with Fayette County Tax Commissioner George Wingo. Wingo sent Regan documents showing Dupri owes $14,024.67 in unpaid property taxes, fees and penalties in connection with another home Dupri owns. Regan went to Dupri's home and rang the intercom at the security gate in hopes of getting a comment from the music producer, but got no answer.
The news station also attempted to call Jermaine for comment, but the two numbers they had were both disconnected. How's the alleged side business going, JD?

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