50 Cent Faces $3 Million Counterclaim in Ongoing Legal Battle Over Sire Spirits
50 cents legal battle with a former consultant over alleged embezzlement in his sire Spirits liquor company rages on for those unaware he sued Michael Caruso and Julius Grant last year for alleged fraud conspiracy and according to a new Radar Online report Caruso filed a counter claim seeking $3 million in
Damages moreover the Queen’s rapper wants the judge to dismiss this and he accused Caruso of embezzling him out of millions of dollars in the brief issued to the Manhattan Supreme Court the gunit Moguls lawyer Reena Jane argues that the consultant and his co-conspirators crimes invalidate their retaliation ironically the Caruso
Plaintiffs have asserted claims Against The Sire defendants seeking damages of at least $3 million despite their Central role in a fraudulent scheme 50 cents attorney reportedly expressed in writing crimes were committed in connection with millions of dollars in agency fees embezzled from The Sire entities the Caruso plaintiffs netted at
Least $1 million from the embezzlement scheme allegedly Caruso and Mitchell green sire’s former director of brand management conspired to inflate product prices and keep the leftover cash 50 Cent at Cuba Gooding Jr’s birthday Denette not only that but another Federal lawsuit ordered green to pay $6.2 million in Damages and legal fees
For his liability according to the New York Post following this 50 Cent sire Spirits sued Caruso and Gina his wife Julius Grant the owners of Jim Beam who Grant worked for and others for unspecified damages Caruso’s counter claim is based on his belief that fif owes him around $3 million for his work
And his entitlement to a 10% cut of their profits apparently they agreed to this verbally even more outrageously four of the five claims are solely based on an alleged oral promise sometime in 2016 by each and every one of the sire defendants to give Michael Caruso a 10% 10% membership interest in sire
Champagnes in exchange for certain Business Services court documents from 50s Camp red however no such promise was made by any of The Sire defendants carusa worked tirelessly to help build sire Spirits brand including its worldclass champagne a representative of the consultant told the New York Post this lawsuit is a blatant attempt to
Devalue his contribution to Mr Jackson’s company and he adamantly denies any wrongdoing meanwhile for more news and updates on 50
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