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Diddy could lose 400 million US dollar net assets if the Feds confiscated its remaining assets

Sean “Diddy” Combs is said to be faced with the potential collapse of his multi-million imperial empire, when the federal investigators pursue the indictment of rico ranking (racketer-influenced and corrupt organizations), which could lead to a massive loss of wealth.

The music mogul, whose stocks include music, fashion, spirits, media and philanthropy, is under intensive legal examination, since prosecutors build a case in which a criminal company that is bound by maintaining, sex trade with violence, fraud or coercion and transport for prostitution claims.

“Rico's decline should be very wide and therefore has significant consequences,” the former state prosecutor Stefan Cassella told USA TODAY. “So it will be going on what you can prove, was part of the company.”

Sean “Diddy” Combs will take part in the 2022 Billboard Music Awards in the MGM Grand Garden Arena on May 15, 2022 in Las Vegas, Nevada.

Frazer Harrison/Getty Images

According to reports, the federal authorities aim at a large part of Combs' business companies, and if it is found that part of its empire was financed or involved in illegal activities, these assets could be confiscated.

These include his record label Bad Boy Records, the parent company Combs Global, the Revolt Media, its wine and spirits brands, the Sean John Fashion Line and even the Sean Combs Foundation.

“This is a very, very largely formulated allegations.

Sean

On March 27, 2022, Sean 'Diddy' Combs speaks in Hollywood, California, on stage during the 94th annual Academy Awards in the Dolby Theater.

Neilson Barnard/Getty Images

“And they named the enterprise in a very broad way, the Rico. The Rico is essentially everything he has touched in his business world, whether record labels, spirits labels, airplanes, trains and automobiles.”

Personal property of Combs may also be at risk, including high-end vehicles such as a Rolls-Royce Phantom in the amount of $ 500,000, a Ferrari 360 spiders, a Lamborghini Gallardo Spyder and a Cadillac Escalade

The federal proceedings of the Bad Boy Entertainment founder contained shocking testimonials from Combs' former employees, including Cassie Ventura Fine, who has dated Combs for over a decade.

Cassie and Diddy

Cassie (L) and Sean 'Diddy' Combs alias Puff Daddy visit the gala “Rei Kawakubo/Comme des Garcons: Art of the Between” on May 1, 2017 in New York City.

Mike Coppola/Getty Images for People.com

Ventura, who testified on two separate days, explained the alleged trauma and the turbum of the shameful mogul, including physical and presumed sexual abuse.

When Combs is condemned, a potential life sentence is confronted in prison.

Sean

On May 22, 2012 in Cannes, France, Sean Combs took part in the “Killing Sie Leise” premiere during the 65th annual Cannes film festival at Palais of the Festival.

Gareth Cattermole/Getty Images

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