Word to the wise: if you’re going to file for bankruptcy protection, avoid posting pictures of yourself smothered by ornate belongings or gratuitous amounts of money.
The Queens, NY rapper, ’50 cent’, filed for bankruptcy protection a short while ago, then proceeded to mock the law by posting ridiculously juvenile pictures of himself with large sums of money–most likely to appeal to an idiot fan base who gravitate towards performers who lavish themselves with riches and possess a carefree attitude of the spend-thrift nature–the antithesis of intelligent money management.
“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 said, adding that bankruptcy court is where “an honest but unfortunate debtor can come into court and seek relief.”
“When that process becomes very public, the need for transparency, I believe, is even higher,” she told the rapper’s lawyer, James Berman.
Judge Nevins ordered the rapper to show up in court. On Friday, the rapper’s legal team issued a statement saying he would show up “to make sure that all questions have been addressed.”“Mr. Jackson has been forthcoming and transparent with all creditors,” his lawyers assured.
Moron.
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stories like these give me hope for humanity. Nothing better than when people’s own idiocy backfires on them.
But . . . he struck me as such a critical thinker.
Reading this is a waste of time.
They lease or rent all that shit, including the “fat stacks of cash”.
Either way, that chap is very fond of going to court.
Being that the modern day news cycle seems to be based upon trolling, I halfway expect 50’s story about where the money came from to end up recapping breaking bad and the video going viral on YouTube….. And of course… Somehow Martin Skreli and Donald Trump will be involved.
Hey here’s an idea, he should tweet Zuckerberg for a billion dollar “investment” in his ideas.
50 got Shkreli’d !