50 Cent Admits Instagrammed Stacks of Cash Are Fake as Rapper Tells Bankruptcy Judge They 'Project Aspirational Goals of Success'

50 Cent Bankruptcy Case: Rapper Used Fake Money for Instagram Posts
50 Cent
Source: 50 Cent/Instagram

03/10/2016 AT 11:10 AM EST

In yet another bankruptcy court revelation, 50 Cent says that the wads of cash that he posed with on social media were fakes.

The rapper, whose real name is Curtis Jackson, defended the photos in question in a new court submission filed Tuesday, according to the Wall Street Journal.

Jackson, who first filed for Chapter 11 bankruptcy protection last July amid a lawsuit brought against him by Lastonia Lewiston over a sex tape, said the images were only meant to promote EFFEN Vodka and his music, and were not indicative of his actual wealth.

"As a hip-hop artist and entertainer, it is imperative that I continue to project aspirational goals of success in order to preserve my brand and those I represent," Jackson, 40, reportedly said in the filing. "What I say and what I do on social media has a direct impact on my music sales and the viewership on my television shows."





The money used in several photos – including one where Jackson spelled out "Broke" – are purported to be prop money used for music video and photo shoots.

Jackson's filing comes after a judge said earlier this year that his online presence made her "concerned about allegations of nondisclosure and a lack of transparency."

Buckets of Love no big deal this short paper. Lol #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on



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Jackson seemingly poked fun at the situation on Twitter, posting a photo on Wednesday of himself with money stuffed into his pants while eating M&Ms.



Also on Tuesday, Jackson filed a debt-repayment plan, which will aim to pay $23 million over the next five years to those owed – including Lewiston and Jackson's mortgage lender. The plan will go into effect if approved by the Connecticut judge.
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