50 Cent may have let his ego drive the bus, which is taking him right back into a Hartford, Connecticut, bankruptcy court at the request of the judge presiding over his case. The rapper, whose stage name is 50 Cents, claimed bankruptcy last summer, but after rapper Rick Ross called him broke, it appears he set out to prove he has plenty of money put aside.
Apparently 50 Cent’s ego got the best of him and he posted a series of pictures of himself with stacks of money on Instagram, despite going through bankruptcy court. He showed Ross he wasn’t broke at all by posting the photos with captions that bragged about the money. It looks like the judge in his case eyed those ego-driven snapshots as 50-Cent surrounding himself with assets the court wasn’t aware of.
Judge Ann Nevins has ordered 50 Cent back into her courtroom to explain the Instagram pictures of him surrounded by cold-hard cash. At this time she will “explore whether or not he’s been truthful about his current financial status,” reports Yahoo News on February 20.
At a hearing in Hartford on Thursday, Judge Nevins told 50 Cent’s lawyer she had concerns about “allegations of nondisclosure and a lack of transparency in the case.” She also said “There’s a purpose of having a bankruptcy process be transparent, and part of that purpose is to inspire confidence in the process.”
CNN Money News reports that 50 Cent is “headed to court to explain why he is claiming bankruptcy” when the pictures he has posted on Instagram seem to say otherwise.
These pictures that 50 Cent posted on Instagram a few months back showed him laying in bed surrounded by banded stacks of cash strewn all around him. Another picture had the rapper spelling out the word “BROKE” on the carpet using the banded stacks of bills. A third picture showed what looked to be the inside of a cabinet with stacks of cash among the products he has stored.
50 Cent more than likely let his ego override common sense prompting him to post these money pictures. This was one way to contradict Rick Ross’s accusations that the rapper is broke. Apparently he didn’t realize how far reaching the arms of social media can be. Who would have thought the judge would get wind of his Instagram posts?
The captions that came along with the pictures were also very telling, with one claiming, “Man this is lunch money.” Another caption said, “Gotta keep a cool little $tash.” 50 Cent now joins ranks with those folks out there who have said too much or have posted pictures on social media that got them in hot water.
The social media sites have proven to be a treasure trove of information for law enforcement and insurance companies. Many claims of serious injury have been shot-down after the so-called victim was seen doing all kinds of activities in pictures on social media contradicting their claim. This not only saves an insurance company large chunks of money that goes along with settlements, but it also has saved tons of money in workman’s comp cases.
Unless 50 Cent has some very genuine-sounding explanation for all this money he is seen with in these pictures, he might be saying good-by to that money! If he has that kind of “lunch money” laying around while going through a bankruptcy case, that cash may be ordered distributed among his creditors.