HARTFORD, Connecticut (AP) — The rapper and actor known as 50 Cent has filed for federal bankruptcy protection, days after a jury ordered him to pay US$5 million in an invasion-of-privacy lawsuit.
Curtis Jackson III, who owns a home in Farmington, filed for Chapter 11 bankruptcy protection in US District Court in Hartford on Monday.
The filing lists both his assets and liabilities as between US$10 million and US$50 million.
It comes after a New York jury on Friday ordered Jackson to pay US$5 million to a woman who said he acquired a video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission.
Jackson’s attorneys and his publicist did not immediately respond to phone and email requests seeking comment on Monday.
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Shiiit, I'm all about the Dollar WTF is 50 cent lolz
The more they have,the more they cry!!
Wake up he has money he just don't want to pay a dime
This guy is hiding money, filing for bankruptcy just when he was ordered to pay...smh. It's been done before!
Dont be fooled ppl this guy is still worth over 100 million
What happened to all money he made off Vitamin Water?
well his name is 50 cent not so? lol! lol!
Well .50cents could still buy something to eat
Maybe candy .oo candy shop close dang.....
AA. Soon his net worth will be reduced from 50 million dollars to 50 Cents.
He has more cash than u
Oh I was so tired I quickly read especially the headlines...I get it....sorry. No he's not bankrupt...
Correction. He is not bankrupt...he has 50 cents left in his bank account.....
I don’t know what you heard about me,
But a chick cant get a dollar out of me
Not even a 50 cent you will se
Bbm I’m gonna file for bankruptcy
Well played but just wait for the next play. Gonna check mate on his ass in a bit
The timing of this filing is highly suspect, considering that he was just ordered to pay Rick Ross' "baby mama" $5 million. This is merely a legal tactic to avoid paying. I am no legal expert, but I have heard/read/seen enough about the law to call legal ploy when I see it.
Well played, Mr. Jackson and your legal advisors, well played!
we gonna be window shoppers together bruv!
you sound like junior henry "brov"
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