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According to TMZ, 50 Cent's personal bank account has been frozen due to failure to pay an electronic company who won a judgment against him.
Previously, it was reported that 50 Cent was ordered to pay $17 million dollars to Sleek Audio in the lawsuit they filed against him last year.
50 Cent invested $1 million to start his headphone line with Sleek but he later went with another company called Sync. He was accused of "breaching his confidentiality agreement with Sleek" and "participating in a civil conspiracy."
The "In Da Club" rapper's attorney responded to the reports telling TMZ that they are in the process of appealing the judgment.
Well, they better make a move fast because right now 50 Cent's money on lockdown!
Tamara M. Anderson
@mstekeyla
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