Music
Bankrupt 50 Cent admits his Instagram cash stacks were fake
by Jeremy Mersereau
March 10, 2016
He claims they were 'prop money' and also lied about owning an African mansion.
Previously, on the 50 Cent Buzz Bin: Curtis Jackson was ordered to appear in court and defend his cash-filled Instagram photos, since he’d filed for bankruptcy last summer.
A Connecticut judge, astutely noting that broke people typically don’t pose mid-Creamsicle consumption on a bed covered in fat stacks, summoned 50 to court to explain himself. To be fair, though, if I was selling my mansion to be converted into a retirement home, I’d probably ball out while I could too. “They’re putting in the denture wash station in the billiards room tomorrow, dude, we gotta move quick!”
At the March 9th hearing in a US Bankruptcy Court, 50’s lawyers explained the cash stacked Instagram photos as using “stage or prop money” which is “routinely used in the entertainment industry, including in movies, television shows, videos and social media postings.” The fake money was being used “as part of the Debtor’s routine social media marketing activities and relate directly to the Debtor’s various business interests.”
Valuable lesson here: don’t believe every fat stack you see, particularly when it comes from a entertainment personality’s online presence.
The court also heard how 50 Cent doesn’t actually own any property in Africa, as a now-deleted Instagram post showed Jackson touring his ostensible new African mansion. The video was captioned: “My crib is almost finished in AFRICA, I’m gonna have the craziest House warming party ever. I’ll explain later. I got a good life Man.” That’s everyone’s social media brand in a nutshell: “I’ll explain later. I got a good life Man”, ad nauseam.
“I do not own, nor have I ever owned, any real property in Africa. If I did own any property in Africa or any other real properties, I would have disclosed them as required by the Bankruptcy Code” 50 said, according to court documents obtained by the Daily Mail.
Can anything on 50 Cent’s Instagram be trusted?! Are we living entirely in a world where image trumps substance, every time?! Oh, right. We definitely are.
