Jammu, March 30 -- Sean 'Diddy' Combs, one of the most influential figures in hip hop, is facing serious financial troubles owing to huge outstanding mortgages on his multi-million dollarproperties in Los Angeles and Miami. Federal authorities are investigating the music icon over mounting debts of nearly $100 million associated with his opulent estates.

The rap legend has amassed a real estate portfolio including lavish mansions in Holmby Hills, Los Angeles and Star Island, Miami valued at over $100 million. However, he has taken staggering loans amounting to $139.85 million to fund these purchases, of which a whopping $97.5 million remains unpaid.

His prized LA property, an 8-bedroom Mediterranean villa acquired in 2014 for $39 millio...