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And Finally Artist News
50 Cent explains cash-filled photos to the judge overseeing his bankruptcy
By Chris Cooke | Published on Wednesday 9 March 2016
50 Cent is facing questions from a judge after posting pictures on Instagram showing him with piles and piles of cash.
The courts are interested in the snaps because, as previously reported, the rapper declared himself bankrupt last year, just as he was ordered to pay $7 million in damages to Lastonia Leviston after he published a sex tape in which she appeared. He posted the tape online as part of his ongoing feud with rival rapper Rick Ross, who didn’t appear in the clip, but who has a child with Leviston.
It was seemingly Leviston herself who made the courts aware of the Instagram photos, which seem to conflict with 50 Cent’s claims to be broke. And the photos caused judge Ann Nevins to note that: “I’m concerned about allegations of nondisclosure and a lack of transparency in the case”.
But, according to the Daily Mail, the rapper insists the money in the photos is fake. He says in a court submission that the snaps were designed to maintain his ‘brand’, adding that: “Hip hop culture is widely recognised as aspirational in nature. The standard by which artists and fans engage is commonly tied to money, jewellery, products and advertising over social media. Just because I am sensitive to the needs of maintaining my brand does not mean that I am hiding assets or that I have lied on my filings in this bankruptcy case”.
The court may as yet appoint an examiner to review the rapper’s assets in more detail. Which would presumably go further than just his Instagram account.
