Jackson dynasty matriarch, Katherine Jackson is reportedly hopping mad that her son Jermaine is in debt to the rafters, yet he just purchased a $160,000 Ferrari sports car.
The pricey little Italian number was purchased smack dab in the middle of jury deliberations in the wrongful death suit that the Jackson family filed against concert promoter AEG Live. Earlier this month, the jury ultimately determined that AEG Live was not negligent in the death of the King of Pop and will not have to pay damages to the Jackson family.
According to published reports, Katherine recently bailed out Jermaine financially. Alejandra Oaziaza, who has two children with Jermaine’s brother Randy and two with him was reportedly strapped for cash, when the former Mrs. Jackson allegedly went to Jermaine to obtain rent money so she could keep a roof over her children’s heads.
Jermaine, though, claimed that he did not have any money to give to Oaziaza, so Katherine reportedly stepped in to help out her former daughter-in-law who actually used to live with her at the Jackson compound.
Jermaine has also been dragged into court over child support monies that he allegedly owes Oaziaza. The court ordered the former Jackson 5 member to cough up $3,000 a month in child support for his teen sons with Oaziaza, but he reportedly gave his ex-wife only $5,621 for the period from April 2012 through April 2013.
To add insult to injury, Katherine was reportedly talked in to filing the wrongful death suit against AEG by Jermaine and Randy and is regretful of such a costly move since it only resulted in exorbitant legal bills.