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Thursday, August 6, 2015

50 CENT PUTS HIS CONNECTICUT ESTATE UP FOR LEASE AFTER FILING FOR BANKRUPTCY

Rapper 50 Cent, who filed for personal bankruptcy last month, is trying to lease his Connecticut home valued at nearly $8.3 million. The disclosure came on Wednesday during a meeting of creditors.

The meeting was conducted by U.S. Trustee, a federal agency that oversees bankruptcy proceedings. Stephen Savva, a lawyer for 50 Cent, says no deal had been reached to lease the Farmington mansion, which the rapper purchased in 2003.
Court filings show he's been paying $72,000 a month to maintain the property.


The rapper, whose real name is Curtis James Jackson III, filed for bankruptcy last month after a New York City jury ordered him to pay $7 million to a woman who said he posted online a sex tape she made with a boyfriend.

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