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50 Cent Explains The Cash He's Flaunting On Instagram Is FAKE!

Filed under: Legal Matters50 CentBusiness Blitz

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50 Cent may be bankrupt, but he still wants his social media followers to think he's loaded!

That TOTALLY explains why he's been showing off some serious moolah on Instagram in the midst of his bankruptcy claim! But, we didn't know how… until now!

Last month, a judge ordered the rapper to explain how he was able to show off so much cash on his social media — while he was alleging that he had no money!

Related: 50 Cent Sold His Connecticut Home!

Well, the truth is finally here!

On Tuesday, the 40-year-old filed court docs saying the pics are totally fake! The musician says he doesn't actually have that kind of dough lying around, and just wants to keep up appearances.

Ch-ch-check out some of the photos-in-question (below) and let us know if YOU think they're fake!

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Charlie Sheen Can No Longer Afford Child Support!

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Charlie Sheen's extravagant lifestyle has finally caught up with him!

Recently, the actor is trying to lower the child support he pays to ex wife Brooke Mueller.

Currently, the controversial thespian pays her and twins Bob & Max around $55,000 a month.

Related: Charlie Sheen SLAMS His Former Doctor!

However, Sheen isn't making as much money as he used to. While he normally makes $613,000 a month from Two and a Half Men, he had to recently sell those rights for a lump sum of $26,750,000.

The 50-year-old now averages around $87,384 a month but that amount varies. For example, last month, he only made $6,261.

He claims his lifestyle costs him around $105,000 a month, and his health care — not covered by insurance — totals $25,000 a month.

Additionally, he owes $1 million in legal fees, and $600,000 in credit card debt.

The money train has come to a stop…

[Image via WENN.]

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Watch Drake Serenade A Bunch Of Pre-Teens With Hotline Bling At A Bat Mitzvah!

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Not a bad way to get a half a million dollar freakin' payday…

Drake took his talents to New York City over the weekend, appearing at Gigi Ashkenazy's private party at the legendary Rainbow Room, and performed hits like Hotline Bling for a VERY excited crowd… of twelve year-olds!

Video: Rihanna & Drake Get Hot & Heavy In The NSFW Work Video!

Yep! In case you're wondering why you've never heard of Gigi Ashkenazy, it's because she's not a celebrity, she's a 12-year-old, and Drizzy was in town to perform for her Bat Mitzvah party.

Not a bad performer to book for a celebration, right?!

Drake typically books private gigs like this for

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Judge Orders 50 Cent To Explain How He Has So Much Cash On Instagram While Going Through Bankruptcy!

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This is embarrassing.

On Thursday, U.S. Bankruptcy Judge Ann M. Nevins ordered rapper 50 Cent to appear in court after seeing pictures of thousands of dollars in cash on his Instagram account.

Related: 50 SLAMS Meek Mill… Again!

The judge wants to know why 50, real name Curtis J. Jackson III, has access to so much cash even though he filed for bankruptcy in July, claiming at the time that lawsuits had dried him up completely!

This isn't the first time the judge has been concerned about the rapper's assets — and that's a big problem in this instance, because earlier court findings indicated that Jackson may have

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Kimora Lee's Husband Is Involved In A Multinational Money Laundering Scandal!

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Uh oh! This isn't good.

In case you didn't know, Kimora Lee's husband — Tim Leissner — was formerly the chairman of Goldman Sachs' operations in Southeast Asia. He recently took a leave of absence and relocated to Los Angeles.

Related: Kimora Lee Introduces The World To Her New Baby!

However, a former business deal is coming back to haunt the 45-year-old!

Before his departure, the banker helped set up a Malaysian state fund called 1Malaysia Development Berhad (1MDB), where his company received hefty commissions from bond sales.

Well it turns out $681 million from that fund somehow got deposited in the bank account of Malaysian Prime Minister Najib Razak.

The FBI is currently launching an investigation as to whether Goldman conducted a money laundering scheme spanning five countries. There may even be a Congressional hearing.

Leissner has worked at the company for over 18 years, and is one of the highest-paid people there.

We hope justice is brought down on anyone who breaks the law.

[Image via AP Images.]

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Scott Disick Wants To Do DWTS — But Can The Show Meet His $500,000 Asking Price?! Find Out How Much They're Offering!

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Looks like Scott Disick needs to catch a payday…

Kourtney Kardashian's former/current/whatever man has been offered a spot on the next season of Dancing With The Stars, and even though the show's reached out to him before, this time it's different: Lord Disick is considering it!!

Related: Scott Bailed On Yeezy Season 3 For What Now?!

There's just one little problem… money.

It seems the KUWTK star wants upwards of half a million bucks to do the show, and producers are adamant, they will only pay him

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Whoa! Kanye West Claims He's $53 Million In Debt — And He Wants Mark Zuckerberg To Bail Him Out!

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Is this true, or just a weird joke?!

Kanye West has been, um, a prolific tweeter recently, and between last night and this morning we are learning new things about him… if they're even true.

Related: Watch Yeezy On SNL!

One of the things we are learning is that he's apparently tens of millions of dollars in debt, as evidenced by a tweet he sent out last night (below):

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