G-Unit boss 50 Cent has reportedly reached an agreement with his creditors over his publicized bankruptcy case.
According to reports, Fif came to terms with his creditors this week in court.
Fitty made a deal with creditors that could free him from bankruptcy, his lawyers disclosed in a federal court in Hartford on Wednesday afternoon. Under the pact — which still has to be approved by a federal judge — the entertainer, whose real name is Curtis Jackson, could pay his biggest creditors as much as 74% of what he owes them. (NY Daily News)
50 taunted reports about flaunting fake money in his social media posts Wednesday (March 9).
This week, Fif appeared in court and admitted to using fake money in social media shots.
“As a hip-hop artist and entertainer, it is imperative that I continue to project aspirational goals of success in order to preserve my brand and those I represent,” he said in an affidavit filed in federal bankruptcy court Tuesday. “My social media posts are a vehicle to perpetuate the demand for my music and entertainment services.” In his affidavit, he said the bucks were bogus — prop cash used for either music videos or his hit TV show “Power” — and that he was just joking around. (NY Daily News)
Recent reports claim a judge ordered Fif to court to explain his money-flaunting pics.
The rapper “50 Cent” is heading to court to explain why he’s declaring bankruptcy — while posting pictures of himself surrounded by cash on Instagram. In court on Thursday, the judge told the rapper’s attorney: “I’m concerned about allegations of nondisclosure or a lack of transparency in the case.” (CNN Money)
not from ny…but i see this and all can i think of is( south side to i die thats just how i get down….)-50cent
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