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After Posing with Fake Cash, 50 Cent Ordered to Appear in Court over Bankruptcy Filing

50 Cent didn't look like someone who recently filed for bankruptcy when he posted photos of himself with stacks of cash
50 Cent (photo by Alex Const)

50 Cent (photo by Alex Const)

50 Cent, aka Curtis Jackson III, should have been more careful with his social media posting as it could possibly land him in legal trouble once again.

Four months ago Jackson posted a series of Instagram photos that depicted the rapper lying in bed with stacks of cash and spelling out "broke" with what seemed to be $100 bills. He also posted a video of his new mansion in Africa that has since been deleted. This brought up questions regarding the rapper's bankruptcy filing last July and was summoned to appear in US Bankruptcy Court on March 10 to address the situation.

According to Jackson and his lawyers, the cash in question was actually fake money, what they call “stage or prop money,” that is “routinely used in the entertainment industry, including in movies, television shows, videos and social media postings.”

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Although Jackson has been relatively quiet in the world of Hip-Hop and entertainment, he is still very much a celebrity. His lawyers say that the series of Instagram posts was “part of the Debtor’s routine social media marketing activities and relate directly to the Debtor’s various business interests.”

That might explain the cash, but The Daily Mail acquired court documents revealing that 50 Cent lied about the house in Africa. He said, “I do not own, nor have I ever owned, any real property in Africa. If I did own any property in Africa or any other real properties, I would have disclosed them as required by the Bankruptcy Code.'”

Although Judge Nevins did not issue her conclusion at the hearing, she did schedule a follow up conference set for April 6.

Last year Jackson was forced to file for bankruptcy after being ordered to pay $5 million to a woman for posting her sex tape online.

[via: FACT]

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