Rapper 50 Cent files for bankruptcy
FILE - In this May 17, 2015 file photo, 50 Cent arrives at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas. Someone else's sex tape is proving to be costly for 50 Cent: A jury ordered the rapper-actor Friday, July 10, 2015, to pay $5 million to a woman who said he acquired a video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission. Born Curtis Jackson, 50 Cent burst to the fore of gangsta rap with 2003ís ìGet Rich or Die Tryin,íî its lead single, ìIn Da Club,î and a tough life story that included having been shot nine times. (Photo by Eric Jamison/Invision/AP, File)
Entertainment, News
July 12, 2015

Rapper 50 Cent files for bankruptcy

HARTFORD, Connecticut (AP) — The rapper and actor known as 50 Cent has filed for federal bankruptcy protection, days after a jury ordered him to pay US$5 million in an invasion-of-privacy lawsuit.

Curtis Jackson III, who owns a home in Farmington, filed for Chapter 11 bankruptcy protection in US District Court in Hartford on Monday.

The filing lists both his assets and liabilities as between US$10 million and US$50 million.

It comes after a New York jury on Friday ordered Jackson to pay US$5 million to a woman who said he acquired a video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission.

Jackson’s attorneys and his publicist did not immediately respond to phone  and email requests seeking comment on Monday.

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