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Monday, July 13, 2015

Rapper "50 Cent" Files for Chapter 11 Bankruptcy Today! WTF!!! ....Plus Update!

Okay I smell a scam here. Rapper "50 Cent", real name Curtis Jackson filed for Chapter 11 Bankruptcy today in Federal Court listing his assets and liabilities at $10 million-$50 million. What happened to all of the cash you had in those video clips you kept posting? In one video , he had to have at least $1 million cash spread all over an outside table. Then in another video had a suitcase full of money. He hasn't been making records of late, but he's been acting his ass off in a string of B and C movies. I see them on Netflix all of the time. He's made at least 20 films and unless he is working for peanuts he should have amassed a nice fat bank account. Sigh, I know he just lost the lawsuit with Lastonia Levitson, for $5 million. She sued 50 because he had obtained a sex tape she made with some dude, but she is Rick Ross' baby mama,  and 50 posted the video to his website and had been taunting her and calling her a slut and every thing else except a child of God.
Hmm..maybe he did this so he wont have to pay her the $5 million?? According to Wendy Williams, that's exactly why he did it. He claims that he has good attorneys, well if I had a net worth of $150 million, I would have good attorneys too. hahahaha

Update:
According to Wendy Williams, 50 is worth around $150 million dollars. And this is Chapter 11 not chapter 7. Chapter 7 means you are broke, chapter 11 means you are reorganizing. And 50 has been talking. He needs sit down and shut up Felicia. Before the courts hit him with punitive damages in the lawsuit. Because that $5 million that he owes Lastonia, does not include punitive damages. So he could end up owing her more than the $5 million! OUCH!

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