Bankruptcy Judge Orders 50 Cent to Explain Instagram Posts Showing Stacks of Cash

50 cent

Michael Kovac—Getty Images50 Cent in Los Angeles, on Oct. 26, 2015.

He has repeatedly posted photos and videos on Instagram of large piles of cash

Rapper 50 Cent has to show up in court to explain why he posted an Instagram of himself surrounded with cash just months after he filed for bankruptcy.

Curtis J. Jackson III, otherwise known as 50 Cent, made his name with the 2003 album “Get Rich or Die Trying.” He filed for bankruptcy in July, claiming that expensive lawsuits have dwindled his multi-million dollar fortune. But in the months since, he has repeatedly posted photos and videos on Instagram of large piles of cash, CNN reports.

On Thursday, U.S. Bankruptcy Judge Ann M. Nevins ordered the rapper to appear in court, saying she was “concerned about allegations of nondisclosure or a lack of transparency in the case.” In court documents, creditors allege that the rapper failed to disclose property he owned, as well as payments he likely got from public performances. He owes approximately $30 million to various creditors.

50 Cent’s legal team says he will show up in court to address the complaints.

[By @charlottealter — time.com]

Blogs

TONI BRAXTON AND BIRDMAN ARE REALLY MARRIED

TONI BRAXTON AND BIRDMAN ARE REALLY MARRIED

We’ve got a major relationship status on Toni Braxton and Birdman. It turns out that the pair have been secretly married for the better part of a year. TMZ reports that they’ve learned that the two tied the knot back in August of last year. But the honeymoon phase didn’t last long for the newlyweds,…

JONATHAN MAJORS SAYS NO OSCAR FOR HIM

JONATHAN MAJORS SAYS NO OSCAR FOR HIM

Jonathan Majors believes the heavy media coverage of his assault case hindered his chances of securing an Oscar nomination for his latest film, “Magazine Dreams.” During a recent chat with “Generation Iron Fitness & Bodybuilding Network” to promote the film, Majors spoke about his fans praising his performance. While he appreciates the support, he shut…

CHRIS BROWN SAYS NO TO RED BANDANAS

CHRIS BROWN SAYS NO TO RED BANDANAS

Chris Brown doesn’t want any negative energy during his upcoming Breezy Bowl XX tour. Brown responded to fans who suggested concertgoers wear red bandanas to the show. The bandanas are usually associated with the Bloods gang, and Brown has been accused of being linked with the group in the past. Brown wrote on Instagram, “I…

SOULJA BOY SAYS HE’S NOT GUILTY

SOULJA BOY SAYS HE’S NOT GUILTY

Soulja Boy is outright dismissing claims of sexual assault. The rapper appeared in court on Tuesday, to address charges from a former assistant who accused him of sexual battery, rape, assault, false imprisonment, emotional distress, unpaid overtime, and a hostile work environment. He said, “that’s a disgusting allegation. It sounds crazy to me. I did…