As a businessmen — number 1 things that must ring in your ear is that you sue someone or your rather get sue along your entrepreneur journey of life.
Controversial American rapper Baby Curtis, popularly known as 50 Cent, is known for his legal issue with his baby mama, dissing his fellow musicians which is good as a rapper , but this time around he has been sue for not paying whopping $17.2 million judgment over a deal he made to market headphones for a company called Sleek Audio.
Sleek claimed 50 cent, stole its design and then tried marketing it on his own. The law sided with Sleek, and 50 cent, got hit with the massive judgment.
Legal Lesson: If you don’t pay a judgment, the winner can garnish your wages and freeze your bank accounts.
According to a close source which is close to popular American gossip site TMZ, disclosed that rapper has complete access to his business bank accounts … the only account affected by the judgment is his personal.
However rapper 50 cent is not broke, because Forbes estimates 50’s worth at $140 million.
An attorney for 50 tells us they are appealing the Sleek Audio judgment, and the company has been “desperately attempting” to hold money from any accounts it can locate. He added … don’t worry about 50 because his assets are “appropriately protected.”