Akon loses his Ferrari, his brother Bu loses his mansion!

Looks like hard times for the Thiam Brothers. According to TMZ, the repo man is coming for Akon's Ferrari 458 Italia claiming singer and record label exec owes $250k on his lease. The car is actually worth $225k but the total cost of the lease is a whopping $360k! This what happens when you don't do cash and carry.

Also his younger brother, record exec Bu Thiam, who is also Chris Brown's manager, has lost his Georgia mansion after falling behind on property taxes. The 5 bedroom, 5 1/2 bath, 4,659 sq foot house sold at auction for $500k. Bu paid $708k for the home in 2011.