50 Cent Files for Bankruptcy
50 Cent is broke? Say it isn't so. The G-Unit leader filed for chapter 11 bankruptcy protection on Monday (July 13).
According to The Wall Street Journal, Fif filed in U.S. Bankruptcy Court in Hartford, Conn., and reported $10 to $50 million in assets and liabilities. The bankruptcy news comes days after a jury awarded a $5 million judgment to Lavonia Leviston who is Rick Ross’ baby mama. The hip-hop bully, born Curtis Jackson, was ordered to pay that sum for uploading her sex tape to the internet without her permission in 2009.
The Street King Immortal creator's attorney had no comment on the matter.
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