50 Cent Was Once The Man But Now He’s Going For Broke With Bankruptcy
“Damn homie, In highschool you was the man homie”. 50 Cent aka Curtis Jackson the THIRD filed for Chapter 11 Bankruptcy protection Monday. This comes after probably the dumbest way to lose $5 million dollars (and then some) I have ever heard (unless you are Scott Storch).
“The lawsuit stems from a 13-minute video that appeared online in 2009 featuring a wig-wearing 50 Cent as a narrator dubbed Pimpin’ Curly. The character made explicit remarks about Leviston and taunted rap rival Rick Ross, who wasn’t in the video but has a daughter with Leviston. At the time the video surfaced, Ross and 50 Cent were trading barbs via video, lyrics and interviews.
50 Cent got the 2008 tape from the man in it, Leviston’s boyfriend at the time. The rapper and his lawyers said that 50 Cent didn’t actually post the video but that Leviston’s then-boyfriend said she wouldn’t mind if he did, and he thought that would suffice.”
So the quickest way to get out of paying money is to file for bankruptcy and declare all your assets. Guess what ole fiddy cent is doing. This is what happens when you hire your friends as financial advisers. Go watch the show Ballers on HBO if you have no idea what I’m talking about.
In court papers filed in the U.S. Bankruptcy Court in Hartford, Conn., Mr. Jackson reported assets and debts each in the range of $10 million to $50 million.
You guys are about to see this dude in every movie with Nicholas Cage from now on.