50 Cent’s liquor company to seize the assets of a former employee who was found guilty of stealing $6 million from the rap star’s business.
50 Cent plans to install Epoxy floors at Ex-employee estate if he doesn’t pay up in Embezzlement Lawsuit
Curtis Jackson plans to seize his ex-employees property over a $6 million law suit.
Rapper turned-television mogul is reportedly seeking the assets of Mitchell Green, former director of brand management for Sire Spirits — who was found guilty of embezzling millions of dollars from 50 Cent’s champagne brand.
The 47-year-old shared a screenshot from Black Millionaires Wednesday on Instagram with the headline “50 Cent Ready To Seize Ex-Employee’s Property Over $6M Lawsuit.”
“I think i'm gonna put Epoxy floors in this place”! wrote the Queens, NY rap legend, legal name Curtis Jackson, in the caption.
He added. “I'm gonna keep it and his family pictures around, you know as a theme for the place. LOL”
Per court records obtained by the New York Times, Mitchell Green is guilty of embezzling over $2 million at Le Chemin du Roi champagne as the company’s brand management director.
In 2019, the company was created by 50 Cent’s brand Sire Spirits. Green allegedly up-charged wholesalers, stating they must pay agency fees, and pocketed the money he gained. The court ordered Green to pay the company over $6 million, including pre-judgment interest, attorney’s fees, arbitrator compensation, and more.
Green petitioned to appeal the lawsuit, which landed him in a deeper hole. The court denied his request and added nearly $90,000 to his outstanding debt for attorney fees.
The filings reads that if Green refuses to pay, the Power producer can seize his personal property and other assets until it’s paid off. In addition, 50 Cent is also suing Michael Caruso and his wife for their involvement with the champagne scheme. The two ordered to help pay off the balance with Green.
And this isn’t the first case people have owed the “Many Men” rapper money after court proceedings. In 2018, Teairra Mari sued the MC for revenge porn, and ultimately ended up losing the case, owing him up to $40K in legal fees. Over the years, 50 Cent taunted the singer using memes and Instagram posts, including with his infamous “I want money by Monday” line