50 cents’s bank account frozen

Hip hop star 50 Cent real name Curtis Jackson III, who Forbes business magazine in May put his net worth $140 Million has had his personal account frozen after he failed to pay a $17.2 million judgment to Florida earphone manufacturer Sleek Audio.

50 Cents and Sleek Audio had partnered to produce the rapper's line of over-the-ear headphones.

The audio company in court documents accused Jackson of stealing the designs of the headphones he asked them to conceptualize and manufacture.

Jackson has been selling headphones of a similar design under the 50-Over line with Florida manufacturer SMS Audio since breaking with Sleek in 2011. Sleek filed a suit a while back claiming 50 Cent tried to market their design on his own - effectively stealing their original idea.

An arbitrator in July ruled against Jackson and damages in the case were based on SMS net profits over three years. Since he's failed to hand over the cash, Sleek has legally been allowed to garnish his wages and freeze his bank accounts.