50 cent has come to defend himself, claiming
the money posted on instagram are all fake and just props to maintain his brand ..In an
affidavit filed in federal
bankruptcy court Tuesday, he said he’s just trying to keep up
appearances.In his affidavit, he said the bucks were prop cash used for
either music videos or his hit TV show “Power” and that he was just
joking around.
But those he owes millions of dollars to haven’t been amused by the Instagram posts, and he’s due to answer questions about them before a federal bankruptcy judge in Connecticut on Wednesday.As a hip-hop artist and entertainer, it is imperative that I continue to project aspirational goals of success in order to preserve my brand and those I represent,“My social media posts are a vehicle to perpetuate the demand for my music and entertainment services. “Just because I am sensitive to the needs of maintaining my brand does not mean that I am hiding assets or that I have lied on my filings in the bankruptcy case, neither of which is true. I take my responsibilities and obligations imposed by the bankruptcy code very seriously and have truthfully responded to questions from creditors,” A “continuing and consistent presence in social media is an integral part of my future business operations,” .he said, adding that he plans to keep on posting online.
The U.S. trustee’s office is also asking the judge, Ann Nevins, to appoint an examiner to review his assets.
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