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Katherine Jackson

PISSED

Jermaine Bought that Ferrari!

10/7/2013 10:15 AM PDT BY TMZ STAFF
EXCLUSIVE

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Katherine Jackson feels like SHE'S been taken for a ride ... by her debt-plagued son Jermaine, who plunked down a huge amount of cash on a Ferrari ... sources close to the Jacksons tell TMZ.

As we reported ... Jermaine spent more than $160,000 on a Ferrari smack in the middle of jury deliberations in the Michael Jackson wrongful death trial -- perhaps banking on the fact that his mom would come into a boatload of cash.

We're told Katherine is livid because she has recently bailed him out of debt.  We're told Jermaine's baby mama Alejandra came to him for rent but he didn't have the cash, so Katherine anted up.   She feels it's totally irresponsible of Jermaine to spend $70,000 for the car (he got around $90k for the Rolls he traded in) when he can't pay his bills or his child support.

What's more ... we're told Katherine is griping that she was talked into filing the wrongful death lawsuit by Jermaine and Randy, and she's experiencing a pretty severe case of buyer's remorse.


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123 COMMENTS

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1.

ABB    

Only unemployed GRIFTERS buy 4 year old used Ferraris. The real millionaire who traded this old car in is probably thinking, "One man's trash is an unemployed GRIFTER'S treasure".

326 days ago
2.

Flight Medic    

And now she's understanding WHY they asked her to file this suit. Hard to get off the gravy train?

326 days ago
3.

All Heart    

Hey, Katherine, you don't get to be the boss of your adult children ... no matter how much you want to.

Just be glad he didn't buy a whole bunch of animals and put them on a ranch with a funny name.

326 days ago
4.

Brian    

Good thing they didn't get a cent in the lawsuit. Just think of what he would have wasted those billions on.

326 days ago
5.

barf    

What does she expect??? Jermaine and Randy are the biggest idiots of this family! Talking sh$t about stuff they have no clue about, spending money that doesn't belong to them, and making kids with women they should stay clear from! I am convinced the money for this car came from his wife Halima, she and her family are filthy rich. He cheats on her whenever he travels, and she knows! This family, all of them, have some weird "values". Money and cars before kids and wives. And yet pretending to be oh so good. Makes me sick!

326 days ago
6.

eric reza    

a ferrari is a necessity

326 days ago
7.

Pudding Tang    

Should have just moved in with biebs and borrowed his. He's looking for more room 'mates'

326 days ago
8.

ross    

Get over it Mom. You raised a 58 year old baby-man.

326 days ago
9.

Wow ...    

Priorities right Jermaine? Something to be proud of, living off of his Mother and brother who passed away.

326 days ago
10.

Mumra the Ever Living    

Senile old fart wants to hang onto every cent that her pedophile pervert son ever made. Now her deadbeat kids will try any and everything to latch onto that gravy train.
.
BTW TMZ, whatever happened to that white girl that Michael Jackson laughingly called his daughter? I guess they have her locked up really good. Now that they tucked her away in some asylum I bet his other two, totally bought and paid for kids are keeping their mouths shut. Never can tell when the Jackson clan will find another Dr. Murray for the two boys.

326 days ago
11.

Angela    

And they put his kids thru a trial over squat!!! His poor daughter, so glad not to see her in these tmz reports

326 days ago
12.

Horndog    

The only microphone Jermaine Jackson should be working is the drive-thru at a fast food restaurant.

326 days ago
13.

Observer999    

I'm sick to death of this family. There was one really talented son, one reasonably talented daughter and the rest are just leeches, sucking off the MJ teat for life, each member more dysfunctional than the last.

I exclude MJ's kids from that, of course; they deserve every good thing that will come their way.

326 days ago
14.

Dead@27    

Reel it it, Jermaine... you ain't no TITO !

326 days ago
15.

Mitch    

Makes me feel normal!

326 days ago
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