50 Cent shares plans for recovered assets after former employee’s $6.2M theft

50 Cent shares plans for recovered assets after former employee's $6.2M theft

American rapper and actor Curtis James Jackson III better known as 50 Cent has taken to social media to reveal the identity of the employee who stole $6.2M from him and what he intends to do with his confiscated assert.

Mitchell Green, the former brand management director of champagne company Le Chemin du Roi, was convicted of stealing millions of dollars from 50 Cent’s champagne company.

According to reports, Mitchell Green, who was previously the spirits company’s Director of Brand Management, allegedly increased the prices of the product and was “getting kickbacks from wholesalers to the tune of $2.2 million in so-called ‘agency fees’.”

After two years of allegedly stealing money from 50 Cent, Green confessed because someone threatened to expose him.

An arbitrator determined that Green must return the immoral gains, as well as an additional $948,096 paid to a wholesaler and an additional $2.7 million in attorneys’ expenses, for a total payment of almost $6 million.

Then, in June 2022, a Manhattan judge confirmed the arbitrator’s decision.

However, Green petitioned to appeal the ruling, which was denied and led to an additional charge of $89,305.50 in attorney’s fees in November 2022.

In a new development, 50 Cent is doubling down on getting paid his dues.

On Instagram, he reposted an article with the headline “50 Cent Ready To Seize Ex-Employee’s Property Over $6M Lawsuit.”

“Look I’m a need that by Monday!” 50 Cent wrote in his caption.

50 Cent shared a photo of a house he intends to seize from Green. He also shared a photo of Mitchell Green and his wife and wrote:

“I think i’m gonna put Epoxy floors in this place. I’m gonna keep it and his family pictures around, you know as a theme for the place. LOL.”

 

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