One of many guys accused of scamming 50 Cent out of tens of millions of {dollars} threatened to kill himself reasonably than face the rapper and admit to the crime.
50 Cent has filed a lawsuit towards Beam Suntory and ex-employees Julious Grant, Michael Caruso, and his spouse, Gina Caruso, searching for tens of millions in damages.
50 Cent alleges they had been concerned in an elaborate embezzlement scheme with an affiliate named Mitchell Inexperienced, who 50 Cent employed to symbolize Sire Spirits.
As a substitute of dealing with enterprise, the group doublecrossed 50 Cent and siphoned cash from his liquor firm by inflating prices and pocketing the surplus loot.
One of many guys, Mitchell Inexperienced, has already pleaded responsible to at least one depend of wire fraud in connection together with his participation and is awaiting sentencing for his position within the scheme.
The entire rip-off fell aside when Grant tried to extort Caruso and Inexperienced for extra money as a result of he was sad together with his take, which allegedly amounted to over $1 million.
“Cash [Michael Caruso’s nickname]…you and your associate have been getting fats at my expense…That is how I would like this to work you guys by months finish pays me 600k. I’ll contemplate this a stroll away severance… For those who selected not to take action I’ll… let Fif know the rationale he was paying such excessive margarine [sic]…You and your associate do t [sic] need that form of smoke from Fif,” Grant wrote to Caruso in a textual content message.
Inexperienced determined it was greatest to satisfy with 50 Cent’s attorneys and a retired FBI agent investigating the scams on behalf of Sire Spirits to admit his thieving methods.
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.
Inexperienced additionally met with two different FBI brokers later that week and laid out your entire rip-off, which rapidly unraveled.
Inexperienced was finally terminated from working with Sire after he stopped cooperating with the investigation and lawyered up.
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On account of the scamming operation, 50 Cent and Sire Spirits needed to reevaluate their relationships with suppliers, distributors, staff and third-party contractors, which prompted vital harm to the mogul’s liquor enterprise.
50 Cent and Sire Spirits are suing for not less than $6 million in damages.
50 not too long ago tapped civil rights lawyer Ben Crump to affix his authorized staff within the combat to extend minority illustration within the multibillion-dollar luxurious spirits trade.
The pair had a gathering with Congressional Leaders on Capitol Hill on June 5.
“Suntory World Spirits is a $20 billion a 12 months firm, once they don’t observe compliance they only pay a advantageous. Would you thoughts paying a advantageous, while you make $20 billion a 12 months. I gotta combat them can’t simply allow them to beat me out of my cash,” 50 Cent mentioned.
