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50 Cent - Legal Troubles?


Remember the headphones 50 was endorsing? You really don't remember do you? Well, he originally announced his partnership with Sleek for his "Sleek by 50" wireless headphones line in January 2011. Either way, Curtis is suing the Florida wireless headphone business Sleek Audio over a $285,000 loan he lent. The amount was loaned to the company back in April of 2010 and still has yet to be paid back.


In May 2011 seems as if the deal went sour with some sort of disagreement behind the scenes. Curtis's suit states that the loan was put up under condition that Sleek Audio would begin repayment when the company had managed to make $750,000. That figure was exceeded February 2011, and in addition to asking for his advance money returned, in the lawsuit 50 is demanding $61,429 in back interest, as well as an additional 15% for any unpaid debt moving forward. 50 should have went with the Bose route if you ask me.