Celebrities

Sean ‘Diddy’ Combs reportedly owes close to $100 million in mortgages on his luxury mansions in Los Angeles and Miami, which were recently raided by federal authorities.

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– Sean “Diddy” Combs owes nearly $100 million in mortgage payments on mansions in LA and Miami that were raided by federal agents for a sex trafficking probe
– Combs took out $140 million in bank loans to purchase the properties
– The Department of Homeland Security searched the homes as part of an investigation into sex trafficking allegations against Combs
– Combs bought his LA home for $39 million in 2014
– The LA property includes 8 bedrooms, 11 bathrooms, and an underwater swimming tunnel
– Combs took out two mortgages totaling $25.35 million each for the LA property
– He also purchased two neighboring mansions on Miami Beach’s Star Island
– For one of the Miami properties, he took out five mortgages totaling $68.45 million
– Combs has paid off $42.35 million so far for the Miami properties
– Across his LA and Miami homes, Combs has taken out eight mortgages totaling $139.85 million, with $97.5 million outstanding
– Combs has other properties throughout the country
– Combs has not been charged with any crimes yet
– Authorities believe there is a history of sex trafficking involving Combs
– At least four Jane Does and one John Doe have been interviewed by prosecutors regarding sex trafficking allegations and a RICO case



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