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50 Cent Struggles To Answer Questions, Even Failed To Produce I.D. At Bankruptcy Hearing

August 6, 2015  |  Posted by: JammedUp Staff
50 Cent Struggles To Answer Questions, Even Failed To Produce I.D. At Bankruptcy Hearing

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Rapper 50 Cent seemed clueless Wednesday when asked the simplest questions about his finances by a Justice Department lawyer during a bankruptcy proceeding in Connecticut.

It started out rough in the New Haven courtroom when he couldn’t provide the attorney, Abigail Hausberg, with identification that had his Social Security number.

“I know you are who you are,” she said sweetly. She said he could get it to her at a later date.

Then came a long series of simple questions that stumped the rap entrepreneur, whose real name is Curtis Jackson, who turned dozens of times to his team of three lawyers and an accountant for answers.

“How long has Mr. Oppenheim been your accountant?” Haupsberg asked.

Jackson looked to his right where his lawyer Patrick Neligan held up two fingers and Michael Oppenheim answered aloud: “Two years.”

“Do you have a brokerage account?” Hausberg asked.

Again, Jackson looked to his team who said he does indeed have several accounts.

Jackson was ordered to appear to answer questions under oath about his finances after he filed for personal bankruptcy last month.

The filing came just as a Manhattan jury was about to start a hearing on punitive damages for Lastonia Leviston, the Florida woman who ultimately won a $7 million judgment against Jackson after he put her personal sex tape on the internet without her permission.

Jackson’s team disclosed that to drum up cash to pay for two large lawsuits — Leviston’s and a $17 million judgment won by Sleek Audio, which said the rapper stole their headphone idea — Jackson sold his entire catalog of music to Kobalt Music Group for $6 million.

When one of his lawyers said the first $3 million sale to Kobalt was used partly for ordinary living expenses, Jackson quipped “I don’t remember having lots of money.”

The lawyer said the second sale was made so Jackson could make Leviston a settlement offer but she refused to take it.

 

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