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No Cents for rapper as star seeks bankruptcy

By Kerri-Ann Roper

Published 14/07/2015

50 Cent
50 Cent

Rapper 50 Cent, real name Curtis James Jackson III, has reportedly filed for federal bankruptcy protection.

US reports say he filed for Chapter 11 bankruptcy protection in an American District Court.

This follows a ruling from a New York jury ordering him to pay $5m (£3.2m) in an invasion-of-privacy suit.

A woman said that Jackson had acquired a video she had made with her boyfriend, added commentary and posted it online without her permission.

The rapper said he did not actually post the video but that Lastonia Leviston's then-boyfriend said she would not mind.

Ms Leviston said she was horrified and humiliated when it appeared in 2009.

In 2003 Jackson hit the big time when his album, Get Rich Or Die Tryin', was an overnight success.

So far there has been no comment from his agent.

The bankruptcy filing lists both his assets and liabilities as between $10m and $50m.

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