50 Cent in Los Angeles in January 2022.Photo:Gilbert Flores/Variety via Getty
Gilbert Flores/Variety via Getty
50 Centhas sent a warning from his liquor brand to Beam Suntory, a major producer of alcoholic beverages.
After alleging that Beam Suntory — one of the world’s largest liquor producers — was involved in an embezzlement scheme that nearly cost him his alcohol brand, Sire Spirits, millions of dollars, the actor/rapper, 48, shared an Instagram post on Monday that claimed the company would “pay for what they did."
Alongside anInstagram Reelof aFOX 5 NYreport about the allegations, 50 Cent wrote in the caption, “@beamsuntory is gonna pay for what they did trust me. These big companies think they can get away with anything. It has cost me millions in legal fees. They are gonna find out I’m not the one you want to play with. @bransoncognac @lecheminduroi.”
He then followed up the post with a “clearer version” of the clip.
50 Cent performs in Amsterdam in September 2023.Hollandse Hoogte/Shutterstock
Hollandse Hoogte/Shutterstock
ThePowerstar also shared a letter Beam Suntory sent their alleged co-conspiratorsto Instagramon Monday.
“This is the letter @beamsuntory sent without my knowledge to the people involved in the scheme that cost me millions. Do I really need to hold a press conference to walk everyone through exactly what happened … This will make a great unscripted project. @bransoncognac @lecheminduroi,” he captioned the post.
50 Cent alleges that Sire Spirits overpaid for the liquor that was supplied and took kickbacks of about $6 million.
“Because these illicit commissions were baked into the price of the product, Sire Spirits overpaid on taxes, overpaid on customs and duties, overpaid on insurance, which are marked towards the value of the product,” Sire Spirits attorney Craig Weiner toldFOX 5 NY, echoing claims made in the complaint.
Beam Suntory “vehemently” denied “all allegations of wrongdoing” on Tuesday in an email statement.
“Beam Suntory vehemently denies all allegations of wrongdoing. It had no involvement in or knowledge of the fraudulent activity alleged in the complaint, and any allegation to the contrary has no basis in fact. It is undisputed that we honored all prior obligations to Mr. Jackson and Sire Spirits, and it is very unfortunate that the parties involved continue to misrepresent the facts and misdirect blame in an attempt to recover fees and damages,” it said.
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50 Cent performs during the 50: Cent The Final Lap Tour in Atlanta in August 2023.Prince Williams/WireImage
Prince Williams/WireImage
Mitchell Green, a former employee of Sire Spirits, previously pleaded guilty to wire fraud for his role in the alleged kickback scheme. He stole $2 million from the liquor brand,per theNew York Post..
According toFOX 5 NY, the Supreme Court case is set to go before a jury in early 2025.
source: people.com
