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This year has been the year of financial unraveling and embarrassment for Jermaine Jackson. But now we find out that his transgressions as a father go further than naming a kid Jermajesty, but not making sure that you can take care of them.

Deadbeat Jermaine just filed a police report claiming someone jacked $150k worth of clothes, jewelry and furs from him, TMZ reports

Law enforcement sources tell us Jackson and his wife, Halina Rashid, claim in the report — filed with the L.A. County Sheriff’s Department — someone took a Louis Vuitton bag containing the treasure trove from their Calabasas home back in September.

The home — which Jermaine rents — is in the same gated community Katherine Jackson is temporarily living in while her Encino home undergoes extensive renovation.

We’re told Jermaine claimed the bag contained some ultra-expensive watches, among other pricey items. Our law enforcement sources say the case is under investigation … but so far no suspects.

A week after Jackson filed the police report, he filed docs in his child support case — claiming he couldn’t afford the $3,000/month for his kids, Jaafar and Jermajesty. He’d like the payment reduced to $215 a month.

It doesn’t take a mathematician to figure this one out.

You’re living gated and global and not paying child support? We bet your co-baby mama was involved in planning that robbery.

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