50 Cent Files for Bankruptcy: Court Documents

The filing came days after a jury ordered the rapper and businessman to pay $5 million in a sex tape lawsuit.

The rapper and actor known as 50 Cent has filed for federal bankruptcy protection, days after a jury ordered him to pay $5 million in an invasion-of-privacy lawsuit.

Curtis Jackson III, who owns a home in Farmington, filed for Chapter 11 bankruptcy protection in U.S. District Court in Hartford on Monday.

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

It comes after a New York jury on Friday ordered Jackson to pay $5 million to a woman who said he acquired a video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission.

Jackson's attorneys and his publicist did not immediately respond to phone and email requests seeking comment on Monday.

50 Cent burst to the fore of gangsta rap with 2003's "Get Rich or Die Tryin,'" its lead single, "In Da Club," and a tough life story that included being shot nine times.

Now 40, he's also a businessman — his interests have ranged from mining to water drinks — and an actor whose credits include the Starz network action series "Power" and the upcoming boxing movie "Southpaw."

Copyright AP - Associated Press
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