WSJ – A bankruptcy judge ordered rapper 50 Cent to come to her courtroom and explain several pictures posted on social media websites that show him playing with stacks of cash. Judge Ann Nevins told the 40-year-old entertainer’s lawyer that his Instagram photos are raising questions about whether he is being truthful about his financial situation. “I’m concerned about allegations of nondisclosure and a lack of transparency in the case,” Judge Nevins said at a hearing Thursday in Hartford, Conn., on Thursday. “There’s a purpose of having a bankruptcy process be transparent, and part of that purpose is to inspire confidence in the process.”
The photos were flagged by Lastonia Leviston, who won $7 million in a sex-tape dispute but hasn’t been able to collect that money since Mr. Jackson filed for bankruptcy last summer. Two other groups—Mr. Jackson’s mortgage lender and a partner in a failed headphone deal owed roughly $18 million—joined her in a fight to have an outside financial professional manage his money until he pay off the $30 million he owes creditors. Mr. Jackson’s lawyer wasn’t immediately available to respond to Judge Nevins’s order. The date of the hearing Mr. Jackson is required to attend hasn’t yet been set. In response to the social media posts, Mr. Jackson’s lawyers said the photos were included in court filings to “disingenuously smear” him. “By including pictures from [Mr. Jackson’s] social media accounts and implying that [he] is hiding assets…the [three creditors] intentionally ignore that [Mr. Jackson] is in the entertainment and promotion business and must maintain his brand and image (or those of the products he is promoting),” his lawyers said in documents filed in U.S. Bankruptcy Court in Hartford, Conn.
Ha! I love his lawyers’ argument here. “Uhhhhh no shit 50 is standing next to stacks of cash. He’s gotta maintain his image.” Nobody wants to hear somebody rap about Chapter 11 filings. That shit doesn’t move albums. Such a bulletproof argument. Curtis is just pretending to live the bad boy life. I can’t wait for the divorce court proceedings where they bring up the pictures of him cheating on his wife. Nice try morons. Of course he’s taking pictures with all those hoes… Part of his image. Monogamy isn’t part of the 50 Cent persona. What about that vine where it looked like he shot those guys? Duh, that’s just the rap game. The fact that they were found dead later that same day is entirely coincidental. Those pictures are inadmissible as evidence. Jeez guys. Curtis is clearly bankrupt. No money here. Quit wasting his time, judge. He’s already broke.
My favorite… 50 Cent celebrates Chapter 11 filing by making it rain in da club: