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Tuesday 2 December 2014

50 CENT PERSONAL ACCOUNT FROZEN




50 Cent can't get 50 cents out of his ATM, because his personal bank account is now off limits.

It seems 50 didn't pay a whopping $17.2 million judgment over a deal he made to market headphones for a company called Sleek Audio. Sleek claimed 50 stole its design and then tried marketing it on his own. The law sided with Sleek, and 50 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. 

A source connected to 50 tells TMZ the rapper has complete access to his business bank accounts ... the only account affected by the judgment is his personal.

And it's not like he's broke. Forbes estimates 50's worth at $140 million.
update_graphic_red_barAn 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."


Reference:tmz

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