Sean 'Diddy' Combs asked a New York judge for 'mercy' on the eve of his sentencing for federal sex crimes

Reality is starting to set in for Sean 'Diddy' Combs, and the music mogul who once bragged about his opulent lifestyle is now reportedly consumed by fear and anxiety.

Convicted and sentenced to more than four years behind bars, a source close to the star reveals Combs is in "total shock right now," unable to fathom the dramatic crash of his world.

Despite facing a shocking 50-month sentence after his conviction on two counts of transportation to engage in prostitution, the source claims Diddy had absolute certainty about his release.

In fact, his team was so sure that he 'really believed he'd get out with time served, his lawyers promised,' that he brazenly booked a speaking gig for the week after his sentencing hearing.

Now, with his planned 'comeback tour' and numerous other 'deals he had in place are on hold,' the future is chillingly uncertain.

The Unravelling of the Mogul's Empire

The once untouchable hip-hop titan, Combs, 55, is now grappling with more than just prison time; he is facing a financial ruin that appears to terrify him more than incarceration itself.

According to the New York Post, his most recent criminal suit alone drained an estimated $15 million in legal fees. Compounding his financial woes, the rapper still faces nearly 70 civil lawsuits, each one chipping away at his vast, but finite, fortune.

The consequence of this legal tsunami is clear: he is 'terrified of coming out of jail totally broke,' according to the source. This financial terror marks a stark contrast to the billionaire bravado he has maintained for decades.

Sean "Diddy" Combs (L) and singer Cassie Ventura at the Met Gala in 2018, during a relationship that Ventura now describes as abusive

A Prison Sentence and Fading Hopes

Combs' legal nightmare culminated in a sentence of 50 months—more than four years—in prison on Friday, 3 October, after a jury found him guilty. His confidence that he would 'be a free man again' has been shattered, leaving all his immediate plans, including his career 'in limbo,' says the insider.

As the severity of his situation sinks in, the music mogul is clinging to one last, highly improbable lifeline: a presidential pardon. It was previously reported President Donald Trump revealed that Combs had personally asked him for a pardon, and the Bad Boy Records founder is 'still clinging to that hope,' according to the source.

However, those closest to him have offered a brutally honest dose of reality: 'But everyone around him says it's unrealistic, and each passing day is crushing him further.'

Sean "Diddy" Combs (L) is accused of sex trafficking and other crimes during his relationship with with Cassie Ventura (R)

'Anxious and Depressed': The Toll of Collapse

The accumulation of legal setbacks, financial disaster, and the loss of his freedom is having a devastating psychological effect on Combs. The man who was a fixture at lavish parties and owned multiple sprawling homes is now reportedly 'anxious and depressed and out of shape.'

The familiar 'bravado he was clinging to is gone,' reveals the source, replaced by a deep-seated fear. His family is witnessing his rapid decline and is extremely concerned: 'His family is all very worried about him, there's a growing sense that he has very little to live for right now.'

US producer-musician Sean 'Diddy' Combs was found guilty of two counts of transportation to engage in prostitution, but acquitted of a major racketeering charge and two sex trafficking charges

The question now is not merely about how long he will serve in prison, but whether one of hip-hop's biggest names can psychologically and financially survive the utter collapse of his personal and professional empire.

IBTimes UK has reached out to Sean 'Diddy' Combs' reps for comments.