50 Cent is ordered to court after he flashed dozens of bank notes on Instagram despite filing for bankruptcy.
- Feb 21, 2016
AceShowbiz - 50 Cent has an explanation to do. The rapper is ordered to court by a judge after he flashed his bank notes on Instagram. He was seen surrounded by dozens of $100 bills in one photo and spelled out "B-R-O-K-E" with the money in another image.
Despite filing for bankruptcy, 50 Cent didn't look broke at all on his social media. Instead of keeping a low profile, the hip-hop star bragged about his luxurious lifestyle, tweeted about building a house in Africa, and shared pictures from his jam-packed performances.
My crib is almost finished in AFRICA. I'm gonna have the craziest House warming party ever. I'll� https://t.co/eZXiYL8jpn
— 50cent (@50cent) September 5, 2015
"I'm concerned about allegations of nondisclosure or a lack of transparency in the case," said U.S. Bankruptcy Judge Ann M. Nevins during a recent hearing. "There's a purpose of having a bankruptcy process be transparent, and part of that purpose is to inspire confidence in the process."
The judge noted that bankruptcy court was a place where "an honest but unfortunate debtor can come into court and seek relief." She added, "When that process becomes very public, the need for transparency, I believe, is even higher."
50 Cent's legal team assured that the rapper would show up in court "to make sure that all questions have been addressed." They said, "Mr. Jackson has been forthcoming and transparent with all creditors."
