Can Diddy’s Wealth be PROTECTED? Wealth Lawyer Breaks Down Asset Protection.

Is Diddy's Wealth in Jeopardy?

In this video, we dive deep into the potential financial implications of Diddy's recent legal troubles.

0:00 - Overview
0:29 - What are his assets?
3:17 - Force an individual owner who owns an LLC
3:32 - Civil Case
8:17 - Criminal Case
11:15 - Final thoughts

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🚀 Disclaimer: This podcast is for educational purposes only and does not constitute financial advice. Consult with a qualified professional before making any investment decisions.

[fredk]

That’s a good question. Property used in criminal activities can be seized by the government like homes, planes and boats

[big-l]

Mase said it best in 2022. " The receipts are in his mother's name everything is in his mother's name " smart move for a money grab

[Redemption]

Loving the 90s bad boy sounding instrumental very relaxing

[petemuganeafrica]

Not protecting Diddy, but he probably got most of his assets under a Trust Fund in some random country like Cyprus, and the assets are probably under a Trustee (not his name). So he's kids will most likely be okay financially as he gets locked up. That's what most wealthy people do anyways. And if he hadn't done so already, his advisors probably got him to do so prior to his arrest.

If not, then that would make him dumber than we all suspected.

[andremiller]

He may be able to protect his assets but his freedom is over with

[ShunguRocks]

Now I understand why Diddy paid Cassie so fast, her lawyers listed hotel chains and other corporations that Diddy has no financial interest in, this put him in a very tricky position. Others getting sued for your behavior is not never going to end well.

[winchill]

He started putting stuff in his mom’s name back in the 90s. I walked through that house on Star Island when they started building it about 5 yrs ago it’s pretty sweet a pool in the backyard with a walk up bar IN the pool. And a clear view of the Port of Miami from the back yard. I told the gate guard I was scouting for music video locations and he let me in the neighborhood saying stay on the street don’t park in the grass in the side of the road I parked in the street and went walking through all the yards on on the island lol. Shaq had a house there back then. Gloria Estevan’s house that first host on the left is something right out of Scarface.since my gf was a model the guard didn’t think twice about us not supposed to be there. We were walking around houses like we were buying unbothered we walked through and took pics in Diddys house the front doorway was huge but it didn’t even have a door yet .

[frevebe]

I read that his la home is owned by his daughter. He is smart enough to protect his investments. If a poor person commits the same crimes he has to go to jail. He has no money to pay so he is safe. If a rich person commits the same crimes, he has to pay millions. Seems not fair.

[cruzincondo]

“His assets are frozen”…?
Doesn’t a guilty verdict have to come first?
Offshore accts?

[alex]

Although there was no mention of this in your video, it seems to me that he had sufficient time to transfer assets into his children’s name well in advance of this debacle and most likely did so to protect his wealth (including that of his family).

[annpringle]

Great video! Learned a lot plus you kept it in layman's terms 😊

[patterson.sisters]

yup, i think i anticipated this happening one day so i know he put a lot of thing in his mom's name.. Mase even said it..on tape...

[savagepro]

Diddy has already put most of his assets in his mother and children's names!
Question, is that legal?

[toyarj]

Wait that’s crazy. I thought the whole point of the llc was protection. I did not think they can force the sake of a property. What about if things are in an irrevocable trust?

[MayaRain-egoh]

Depends on how piffy accrued all these assets

[domk]

First, thx for breaking it down.
Second, I understand that you’re basing this on hypothetical, assuming that all of these companies and real estate are in his names. However, ppl close to Diddy have said that he’s Always put everything in his Mother’s and his Children’s names. And he didn’t “just” do this. He did this many years ago… which means, they won’t be able to seize it. To my understanding. But great breakdown!

[torreyinnewyorkcity]

I thought I was protected because I had my rentals in an LLC oh boy thank you for breaking that down for me. I'm a subscriber now. Thank you.

[patriciacaprara]

What about off shore home and assets, investments?

[hakes]

Obviously the Victims should get it all, his family knew he was a creep

[Zee-yhow]

Great man putting his wealth in corporations and others names