23.11.08

Wyclef Jean In Huge Debt, Mansion Foreclosed

Today The Palm Beach Post reported that former Fugees member Wyclef Jean owes the bank over 2.4 million dollars.

About 2 years ago Mr. Jean took out a 2 million dollar mortgage loan to buy his Miami beach front mansion through a corporation he owned with several friends. Though his main objective was to use the loan to renovate the 1.4 million dollar estate it was left unfinished for over 2 years.

His house has since been foreclosed and will be up for auction on December 12 in downtown Miami. Anyone looking for a new house?...

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