July 19th 2023.
Mitchell Green, the former director of Brand Management for 50 Cent's Sire Spirits, is in a tight spot. Reports have surfaced that Green allegedly siphoned off $2.2 million from the company in 2022. The court has ordered Green to pay back a total of $6.2 million. In an attempt to avoid paying the judgment, Green has filed for bankruptcy.
On June 2, 2023, Sire Spirits filed a complaint against Green. According to AllHipHop, the company argued that bankruptcy protection shouldn't safeguard Green from having to pay the money as it was obtained illegally. Green failed to respond to the summons and complaint, resulting in a default judgment being entered against him.
Green is accused of selling Branson Cognac and Le Chemin du Roi champagne for inflated prices and pocketing the kickbacks from wholesalers. He further disguised the funds he received as “agency fees”. James Berman, the attorney for 50 Cent, has highlighted Green's greed as the reason for his decision to steal from the company despite being provided a generous salary and benefits.
In February 2020, Green’s “Get Rich or Die Trying” scheme came to light. He admitted to “embezzling from Sire Spirits” after being threatened with exposure by someone who knew of his past transgressions. Sire Spirits responded by firing Green and taking him to arbitration, where they were awarded $6.2 million in fees, costs, damages, and attorney fees.
Now, 50 Cent has vowed to go after Green’s assets to recover the money stolen from Sire Spirits. He is determined to see justice served and Green pay for his actions.
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