50 Cent Can’t Even Get 50 Cent? Has Bank Account Frozen After Failing To Pay $17 Million Judgement

| December 2, 2014 | 0 Comments


The irony is funny but rather very serious when you really think about it. Imagine not even being worth your name sake as fiddy gets stripped access to his$150 million fortune. Rapper 50 cent is going through some tough times right now. According to reports the rapper can’t even get a dime out of his personal bank account after failing to pay $17 million judgment to a Florida earphone maker

TMZ reports:

50 Cent can’t get 50 cents out of his ATM, because his personal bank account is now off limits.

SEE ALSO: 50 Cent’s Revolutionary New Headphones Read Your Heart,Need No Batteries & Cancels Any Noise

It seems 50 didn’t pay a whopping $17.2 million judgment over a deal he made to market headphones for a company called Sleek Audio. Sleek claimed 50 stole its design and then tried marketing it on his own. The law sided with Sleek, and 50 got hit with the massive judgment.

Legal Lesson: If you don’t pay a judgment, the winner can garnish your wages and freeze your bank accounts.

A source connected to 50 tells TMZ the rapper has complete access to his business bank accounts … the only account affected by the judgment is his personal.

And it’s not like he’s broke. Forbes estimates 50’s worth at $140 million.

An attorney for 50 tells us they are appealing the Sleek Audio judgment, and the company has been “desperately attempting” to hold money from any accounts it can locate. He added … don’t worry about 50 because his assets are “appropriately protected.”


SEE ALSO: 50 Cent Challenge Floyd Mayweather $750K To Read

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photos courtesy of 50 Cent Instagram

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Category: Celebrity news

About the Author ()

Darnell Moore has extensively studied music and urban culture both academically and professionally for over 20 years. His writings and posts have appeared in many major urban publications. Moore is the founder and creator of Memoirs of an Urban Gentleman. Contact him , http://darnellmmusic@gmail.com/ or https://twitter.com/@darnellmmusic/

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