Jim Jones sued for embezzling $200,000 of 'Vampire' funds

Looks like rapper Jim Jones has a case of the sticky fingers and he's being sued for embezzling $200,000.

According to TMZ, Jones was supposed to produce a movie called Vampire Life III but instead he used the funds provided by investors to line his own pockets.

The investors seemed really excited about the product as Jones was supposed to provide a soundtrack for the movie also but then he stopped returning their phone calls and responding to emails. Huge red flag.

And to make matters worse, the investors got wind that Jones allegedly used some of the money to make mixtapes that were supposed to be used for the movie. He took matters into his own hands and released the tapes independently.

But it gets better. Jones also, allegedly, used the rest of the investors' money to produce and release a Vampire-Life clothing line, which was supposed to be merchandising for the movie.

The investors are seeking $700K minimum. Calls to Jones have not yet been returned.

We wonder if Jones used any of that money to bail out his fiancé Chrissy Lampkin a few weeks ago.

Lampkin was arrested late last month for allegedly beating up a girl at a New Jersey bar.

Mstars reported that after the brawl that left a woman bloodied with stitches above her eye, Jim Jones bailed his future wifey out of jail.

Hopefully the rapper that once boasted about "ballin" didn't blow all of his dough. He's gonna need it.