50 Cent’s authorized battle with a former advisor over alleged embezzlement in his Sire Spirits liquor firm rages on. For these unaware, he sued Michael Caruso and Julious Grant final 12 months for alleged fraud conspiracy, and in line with a brand new Radar On-line report, Caruso filed a counterclaim in search of $3 million in damages. Furthermore, the Queens rapper desires the decide to dismiss this and he accused Caruso of embezzling him out of thousands and thousands of {dollars}. Within the temporary issued to the Manhattan Supreme Courtroom, the G-Unit mogul’s lawyer Reena Jain argues that the advisor and his co-conspirators’ crimes invalidate their retaliation.
“Mockingly, the Caruso Plaintiffs have asserted claims in opposition to the Sire Defendants in search of damages of no less than $3 million regardless of their central function in a fraudulent scheme,” 50 Cent’s lawyer reportedly expressed in writing. “Crimes had been dedicated in reference to thousands and thousands of {dollars} in ‘company charges’ embezzled from the Sire Entities. The Caruso Plaintiffs netted no less than $1 million from the embezzlement scheme.” Allegedly, Caruso and Mitchell Inexperienced, Sire’s former director of name administration, conspired to inflate product costs and hold the leftover money.
Learn Extra: 50 Cent Clowns Trey Songz & Jacquees After Alleged Battle
50 Cent At Cuba Gooding Jr.’s Birthday Dinnet
MIAMI BEACH, FLORIDA – DECEMBER 31: 50 Cent attends birthday dinner for Cuba Gooding Jr. hosted by 50 Cent at Sopra Miami on December 31, 2023 in Miami Seashore, Florida. (Photograph by Shareif Ziyadat/Getty Photos)
Not solely that, however one other federal lawsuit ordered Inexperienced to pay $6.2 million in damages and authorized charges for his legal responsibility, in line with The New York Publish. Following this, 50 Cent’s Sire Spirits sued Caruso and Gina, his spouse, Julious Grant, the house owners of Jim Beam (who Grant labored for), and others for unspecified damages. Caruso’s counterclaim is predicated on his perception that Fif owes him round $3 million for his work and his entitlement to a ten % minimize of their earnings. Apparently, they agreed to this verbally.
“Much more outrageously, 4 of the 5 claims are solely primarily based on an alleged oral promise someday in 2016 by each one of many Sire Defendants to provide Michael Caruso a ten % (10%) membership curiosity in Sire Champagnes in alternate for sure enterprise providers,” court docket paperwork from 50’s camp learn. “Nevertheless, no such promise was made by any of the Sire Defendants. “[Caruso worked] tirelessly to assist construct Sire Spirits model, together with its world-class champagne,” a consultant of the advisor advised The New York Publish. “This lawsuit is a blatant try and devalue his contribution to Mr. Jackson’s firm, and he adamantly denies any wrongdoing.” In the meantime, for extra information and updates on 50 Cent, verify again in with HNHH.
Learn Extra: 50 Cent Picks Which 21 S*vage Monitor He Thinks Is The Greatest Tune Out Proper Now
[via]
Supply hyperlink