De­tails of Fiddy’s fi­nances emerge

SundayXtra - - ENTERTAINMENT -


New York Post got a look at some of the pa­per­work in 50 Cent’s bank­ruptcy fil­ing. He owes al­most US$28.5 mil­lion, he says. Mind you, his as­sets — which he has not yet item­ized for the bank­ruptcy judge — are be­lieved to ex­ceed US$150 mil­lion. I don’t know how this counts as bank­rupt.

You saw the story the other day, right? The rap­per was or­dered to pay US$5 mil­lion, or more, to one Las­to­nia Le­vis­ton af­ter a New York jury ruled he doc­tored and pro­mul­gated a “sex tape” of her with­out per­mis­sion. The Daily News says he “had doc­tored the tape of Le­vis­ton and a for­mer boyfriend named Mau­rice Mur­ray by su­per­im­pos­ing his own char­ac­ter ‘Pimpin’ Curly’ while giv­ing an ex­ple­tive-laced nar­ra­tion of the ac­tion.” Fiddy’s re­sponse to the rul­ing was to seek pro­tec­tion from cred­i­tors. His debts in­clude US$18 mil­lion to Florida-based Sleek Au­dio, af­ter a court ruled he stole their de­sign for head­phones; US$138,000 for the lease on his Bent­ley; US$568,000 to one law firm and smaller debts to oth­ers; and a US$65,000 credit card bal­ance.

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