Earlier this year, the law sided against Hip-Hop mogul 50 Cent and he lost a hefty lawsuit against Sleek Audio, his first project prior to launching his now popular SMS Audio. Fif was sued after apparently stealing Sleek’s design and using it to help market headphones for SMS. The original lawsuit stated that 50 owes a total of $16 million dollars, which ended up coming out to $17.2 million after legal fees were added to the total amount due.
Unfortunately for for G-Unit soldier, if you don’t pay a legal judgement, the law has the ability to freeze your personal bank account until all fines are paid up-to-date. As of now, the Queens native can’t even take out $20 from the ATM because his account is off limits until he’s all paid up. However, a source close to 50 Cent reveals that the rapper has full access to all his business accounts, but his personal account will be shut all the way down until further notice. Moral of the story: PAY YOUR FINES, PEOPLE! For some reason, I still don’t think 50 Cent is hurting in the money department. Even after he pays the $17.2 million dollars he owes, Fif will still be doing justtttttttt fine in the financial department. Must be nice.. SMH!
Source: HipHopWired
