50 Cent's liquor company wins millionaire lawsuit against former employee

50 Cent is celebrating another legal victory as his company, Sire Spirits, has won a lawsuit against a former employee. The 44-year-old man, Mitchell Green, pleaded guilty to defrauding the company for over $2 million in what he disguised as "agency fees."

50 Cent is celebrating another legal victory as his company, Sire Spirits, has won a lawsuit against a former employee. The 44-year-old man, Mitchell Green, pleaded guilty to defrauding the company for over $2 million in what he disguised as "agency fees."

Green had reached an under-the-table agreement with French distilleries to secure kickback fees, pocketing $2.2 million from 2017 to 2020.

While Sire Spirits paid out approximately $15 million for champagne and cognac, Green inflated the prices and kept the extra cash.

The former employee pleaded guilty to wire fraud charges on Monday in a New Jersey federal court. 50 Cent took to Instagram to express his satisfaction with the outcome and vowed to ensure that Green pays for his actions.

"Beam Suntory got me into this mess with these people," 50 Cent wrote. "They are not going to like the outcome." The Queens rap icon is known for his no-nonsense approach when it comes to his money and is determined to hold Green accountable for his fraudulent behavior.

Green's actions, "a betrayal of trust"

Philip Sellinger, the U.S. attorney in the District of New Jersey, described Green's actions as a betrayal of trust. "Though he was supposed to negotiate the best deal possible for his employer, Green set up secret side deals to inflate what his employer paid so that he could reap millions of dollars in kickbacks," Sellinger said. He emphasized the importance of companies being able to rely on the integrity of their agents to conduct business.

Green will be sentenced in January and could potentially face prison time for his crimes. He has already filed for bankruptcy. In October 2021, the courts awarded Sire Spirits $6 million in damages against Green, including interest, attorney's fees, and other expenses.

Despite Green's attempts to challenge the ruling and have the award vacated, the court denied his request last June and added further attorney's fees in November.

If Green fails to pay the awarded damages, 50 Cent reportedly plans to seize his personal property and other assets. This legal victory serves as a reminder that fraudulent actions will not go unpunished, especially when it comes to someone as determined as 50 Cent to protect his business interests.

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