Tag Archives: No Limit Records

Master P Sued for $240,000 in Unpaid Wages in Bankruptcy Court

6 Sep

Music mogul Master P, who was once one of the world’s highest paid rappers, reportedly worth almost $600 million looks to be on the verge of bankruptcy. Like some other prominent Hip Hop and R&B moguls like Damon Dash, Jermaine Dupri, and R. Kelly, P looks to be in facing financial disaster. According to reports, Master P is being sued by a group of crew members from his 2003 film, Uncle P, for $240,000 in unpaid wages.

According to court documents obtained by TMZ, several members of the crew sued the rapper back in 2005 and WON — but P never forked over the cash.

Now, the class has taken their case to the U.S. Bankruptcy Court in Los Angeles, California, hoping to finally receive their money as well as push Master P into bankruptcy so that an independent trustee will be appointed to manage the mogul’s assets.

This may get UGLY.

RollingOut and TMZ contributed to this report.

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