Busta RhymesAccording to several sources, including leading gossip website Bossip, energetic rapper Busta Rhymes is struggling with serious financial and personal difficulties.

Their source claims Rhymes, born Trevor Tahiem Smith, Jr., is deep in debt, having maxed out his credit cards, and that a sex tape exists featuring the rapper engaging in sex acts with a transvestite.

In October, the Aftermath-signed MC was ordered to pay an Albany, N.Y. man $75,000 over a 2003 assault and is said to be living on his mother's credit cards, desperate for paying gigs, since he was recently declined credit at a five star hotel.

Rhymes has six or seven children, for whom he is responsible, but his problems don't stop with his finances. According to the website, Rhymes "doesn't like to use condoms, despite the fact that he has herpes, which he doesn't disclose up front, or at all. Now, there is a sex tape floating around with him and a well-known tranny. He is on the top."

Poor Busta. Though he is rarely ever linked to women romantically, we find it hard to believe that he is in such dire straights, especially after the recent announcement of his endorsement of Venom Energy Drink.

More From TheBoombox