50 Cent is able to take his grievances in opposition to Beam Suntory to Washington D.C., following allegations of huge monetary misconduct.
In a press release fraught with frustration and resolve, 50 Cent threatened to reveal the spirits firm earlier than Congress after accusing workers of stealing thousands and thousands of {dollars} from his manufacturers, Branson Cognac and Le Chemin du Roi.
“Altering the corporate title from Beam Suntory to @suntoryglobalspirits with out correcting what was executed to my manufacturers @bransoncognac and @lecheminduroi doesn’t repair the issue and lacks honor,” 50 Cent stated.
“I tried to resolve the matter, not as soon as, however twice. Now the authorized course of will play out publicly for everybody to see what actually occurred and the way @suntoryglobalspirits would quite spend thousands and thousands to guard and conceal legal conduct as an alternative of doing the precise factor,” 50 Cent fumed.
Fif’s dispute has snowballed right into a lawsuit demanding $6 million in damages.
His grievance asserts that Beam Suntory engaged in illicit practices, together with ghostly commissions, which led Sire Spirits to overpay for taxes, customs duties, and insurance coverage prices.
The rapper additionally pointed fingers at former Beam Suntory Chief Business Officer Julious Grant, alleging he orchestrated the scheme throughout his tenure.
One other particular person implicated on this knot of deceit, Mitchell Inexperienced, a former Sire Spirits worker, pleaded responsible to wire fraud, admitting to pocketing $2 million in kickbacks.
Regardless of these accusations, Beam Suntory has firmly denied involvement in fraudulent actions, standing by a proclamation that the corporate met all contractual obligations to the rap mogul and Sire Spirits.
The saga is about to march right into a courtroom, with a jury trial anticipated in early 2025.
Michael Caruso, one other character on this authorized showdown, has countered by submitting a $4 million lawsuit in opposition to 50 Cent.
Caruso claims his consultancy performed a major position within the launch and promotion of Sire Spirits however was reduce out of the deal with out correct compensation.
In response to Caruso, his dedication and experience have been pivotal in carving out a distinct segment for Sire Spirits within the cutthroat spirits trade.
Because the authorized battles churn, 50 Cent’s contemplation of searching for intervention from the Congressional Black Caucus emphasizes the gravity he locations on this difficulty.
“I by no means thought being one of many few black-owned manufacturers was an element,” 50 Cent said, “however possibly that’s the problem? Finally, the customers will resolve the place to spend their cash. Possibly I must go to Washington D.C. and have the @congressionalblackcaucus take a more in-depth look?”