Mo Money, Mo problems for Yung Joc, Jermaine Dupre, and Damon Dash

Yung Joc wants to clear his name. He says the rumors of him owing money to his baby momma are not true. He began paying child support before he had amassed his current wealth. The court ordered him to pay a very small sum per month, but he chose to pay above the requirements. When he got famous the baby mama asked for more money (surprise, surprise).

Read all about it here.

In Atlanta Jermaine Dupri’s restaurant Cafe Dupri closed down last week. According to sources Tina Mauldin (Jermaine’s mom) told Channel 2 Action News that “closing the Cafe was a business decision… and that if employees had worked harder Cafe Dupri might still be open.”

Employees are upset because their checks are bouncing…

Meanwhile, a bank is suing Damon Dash. Eastern Savings Bank is claiming the hip-hop mogul failed to pay $78,504 in monthly for his trendy Tribeca condos from January to August.

Read more here.

Dang, this economy aint no joke.