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Posted by 3dnews on June 26, 2009

One-time ‘King of Pop’ Michael Jackson who is dead is at risk of losing his Neverland ranch in California due to delinquent loan payments, documents posted online say.

As of October 12, Jackson owed $US23.2 million on a $US23 million loan he took out in March 2006, according to a foreclosure and notice of default report posted online by the Santa Barbara County, California branch of Fidelity National Financial insurance company.

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