50 Cent needs the federal government to step in and regulate the spirits enterprise following a suicide menace from one of many folks he’s accused of defrauding him in his $6 million lawsuit towards Beam Suntory.
As beforehand reported, Fif and his alcohol model Sire Spirits headed to mediation with the corporate talked about above after he accused their brokers of an embezzlement scheme that concerned tens of millions in unpaid invoices.
Former Beam workers Julious Grant, Michael Caruso and his spouse Gina Caruso, had been particularly named within the swimsuit. An affiliate named Mitchell Inexperienced, who 50 Cent employed to symbolize Sire Spirits, has additionally been named because the rapper alleges they had been concerned in an elaborate embezzlement scheme with him.
Although Inexperienced has already pleaded responsible to at least one rely of wire fraud and is now awaiting sentencing, AllHipHop reported final week that Michael Caruso threatened to take his personal life as an alternative of dealing with authorized ramifications for his alleged function.
“Throughout a name organized by Inexperienced, whereas everybody was listening, Caruso admitted to stealing, started sobbing and threatened to commit suicide if Inexperienced admitted the rip-off to 50 Cent,” the article reads.
Sharing a screenshot of the piece to his Instagram on Sunday (June 30), the mogul wrote: “Go learn this text on @allhiphopcom beam Suntory change their identify to @suntoryglobalspirits it’s a 3.2 billion a 12 months firm, and they’re doing this kinda shit. The federal government must step in a regulate the spirits enterprise. Black owned firms cannot make it, in the event that they don’t have the 70 million I needed to put into the enterprise.”
Caruso’s menace of suicide occurred earlier than the lawsuit was formally introduced down on him and his alleged cohorts. Since then, nonetheless, he has countersued 50 Cent, alleging he was minimize out of the cope with Sire Spirits with out being correctly compensated or receiving his promised possession stake.
S0on after, the rapper taunted Caruso in an Instagram clip and dismissed him as a snitch in an unrelated case.
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The video is a snippet from a documentary concerning the notorious Limelight nightclub in New York Metropolis, which was owned by suspected drug kingpin Peter Gatien. It was reported that Caruso was an informant for the FBI within the case, betraying his good friend and employer within the course of.
The “Sweet Store” hitmaker captioned the video: “This Idiot been snitching since 1942 Don Julio ! [grinning face emojis] you recognize he gonna inform on all people.
“LOL @beamsuntory is fucked, they was paying this man Michael Caruso a half 1,000,000 a 12 months and him and his accomplice Julious Grant put this collectively. @beamsuntory @jimbeamofficial That is gonna make a fantastic Television present.”
Whereas Caruso denied the snitching allegations, MTV revealed that Caruso did, actually, grow to be a federal informant again in 2000.
