Wednesday, 9 March 2016

50 Cent tells court he's really broke & money he flaunts on instagram is fake

After realizing he may lose his bankruptcy case following his incessant posing with money on instagram,50 cent has defended himself, claiming the money was all fake and just props to maintain his brand ..In an affidavit filed in federal bankruptcy court Tuesday, he said he’s just trying to keep up appearances.In his affidavit, he said the bucks were  prop cash used for either music videos or his hit TV show “Power” and that he was just joking around.
As a hip-hop artist and entertainer, it is imperative that I continue to project aspirational goals of success in order to preserve my brand and those I represent,
“My social media posts are a vehicle to perpetuate the demand for my music and entertainment services.

“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 the bankruptcy case, neither of which is true. I take my responsibilities and obligations imposed by the bankruptcy code very seriously and have truthfully responded to questions from creditors,” A “continuing and consistent presence in social media is an integral part of my future business operations,” .he said, adding that he plans to keep on posting online.
But those he owes millions of dollars to haven’t been amused by the Instagram posts, and he’s due to answer questions about them before a federal bankruptcy judge in Connecticut on Wednesday.
The U.S. trustee’s office is also asking the judge, Ann Nevins, to appoint an examiner to review his assets.

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