Grammy-award winning rapper 50 Cent filed for Chapter 11 protection on Monday under his real name, Curtis James Jackson. The rapper, known for songs such as “Candy Shop” and “That Ain’t Gangsta”, reported both assets and debts of $10 million-$50 million. The filing, which was made at the U.S. Bankruptcy Court in Hartford, Connecticut, comes days after a jury directed the rapper to pay $5 million to a woman who sued over a sex tape.
Video · Rapper 50 Cent Files for Bankruptcy
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Celebrities 50 Cent