: MediaTakeOut.com just caught wind of an interesting rumor. MediaTakeOut.com just caught wind that rapper 50 Cent may have invested in a fund that invested heavily with Bernie Madoff.
According to a MediaTakeOut.com snitch claiming to be in the know, 50 put a hefty 7 figure amount in a hedge fund. And the fund, in turn invested some of the money it raised into one of Madoff's funds.
But things could have been worse for the popular rapper. The snitch explained to MediaTakeOut.com, "Luckily [the fund] disn't invest all its money with Madoff, or 50 would be in even worse shape."
I seriously doubt it because Bernie Madoff only dealt with the well-well to do,ultra wealthy high siddity,old money Families,and the jewish community and he only ran in those esoteric circles.'He wouldn't be caught in the same sentence with the likes of someone like Fif if you get my drift...Ya feel me?" True Talk.
@ Stefanie...oh ok
I'm sure he's not the only celebrity to lose money if he did. A lot of them talk about investments. I saw on the news a few weeks agos that Jayz is having a hard time with his hotel deal.
If 50 said that, then I respect him for being honest about it. A lot of people wouldnt come out and admit that to the public. Especially these gold tooth wearing rappers that want the public to believe they are ballin 24/7 like their life is beautiful and sh@t
not being racist, but you got to be very careful with some of these white guys you invest your money with. they have a track record of scamming and committing white collar crimes. I'm not saying that all of them do it, there may be some black who are scammers but we only here about the white ones. 50 needs to slow down a little with all of this investing. being a little too greedy may be his down fall. sometimes something that sounds great, isn't.
How some of ya'll going to say the man was crazy for investing with a well known investor. No one, not even the FEDS saw this coming from BERNIE MADOFF so I can't blame 50!
So if you calling the man crazy for trying to make more money, then ya'll the ones crazy. Lets not forget that record sells is not what got 50 wealthy, it was his smart investments.
Just so happen that this investor beat everybody out of 50+billon........
@HOTBUNNY<<<
I AGREE. I WAS ASTOUNDED TO SEE HOW MANY SEEMINGLY INTELLIGENT VICTIMS TRUSTED THIS FOOL WITH "ALL" THEIR MONEY. I'M LIKE WTF? WHAT IF SOMETHING GOES WRONG?
BOTTOM LINE, YOU SHOULD NEVER, EVER, EVER TRUST ANY PERSON, INSTITUTION, FIRM OR BUSINESS WITH "ALL" YOUR EGGS! YOU SHOULD ALWAYS HAVE A PLAN B, AND DIVERSIFY YOUR WEALTH WITH OTHER VENUES.
With any investments you take a chance. If this is true or not. We all or some talk about these rappers with these hefty chains and always holler they need to invest that money when most of US don't even know how to do it just say it like it's easy . so he tried investing and even with that it's risky.. You Win Some you Lose some. Just Keep Pushing
hotbunny wrote: VicSage: Madoff was about his money, there are a lot of white people who didn't have HALF as much money that 50 cent has, and they lost IT ALL, so please RESEARCH before you make such a statement. A crook doesn't care about how much money you have as long as they can figure out a way to take it from you. Madoff STOLE from EVERYONE, 50 cent is considered well to do, so what are you talking about, what kills me is that white people TOUT themselves as EXPERTS in every field, but NONONE had enough common sense to REALLY investigate this man--once I saw that he wasn't offereing the info via the internet, I would've been onto the scheme. Also, never trust someone who's on the smae board that regulates what their company does-that should've been a NO-BRAINER for the ultra rich, ultra-stupid, and now ultra-BROKE elitists! The most I would give to a REPUTABLE company is $500,000, and that's a BIG MAYBE. ----------------------------------- I work for a Capital Markets Firm I think I would know the in and outs of his dealings and clientele. Sweetie I'm the last guy you should try to chin check on some paper and the trail it leads to and from.You are nowhere near my universe with the Intell I possess..True Talk.
....@LilHairDreds..baby..i know it was a tough 2 years for you.Your man didnt pay you child support and you had to go to court and get that little bit of money because he didnt have a real job and had other women pregnant while you were probably 7 mo along.i feel ya pain ma.your man finger nails were dirty?i hope he aint fingered ya with dirty nails because you can get infection in your cervix area Im sorry ma if you caught a infection down there because you know its delicate down there for yall women. Ya man had fake jelewry too? and on Valentines day he gave you jelewry from the dolla store with a cheap bag of snickers left over from hallooween that they couldnt sell.lol ahhhhhh i feel your pain.ur deeply hurting inside.i recommend you get counseling ok ma? Your hair turned into dreds because you wasnt taking care of ya hair ma.this also tells me that ya man had *** naps and nets in the kitchen *** hair lol..i feel ya pain...his wave cap smelled like rotten meat i can imagine ma.i hope you aint kiss ya man with yellow teeth.let me give ya advice ma.if you with a man and he dont brush his teeth run thats was ya first mistake ma....but like i said i feel ya pain...hope ya find a man that LOVES ya ma...
*** wrote: Vicsage...If you really work where you claim you do, you would know that people invested in Bernie Madoff who NEVER came in contact with him.
He had private firms and hedge funds investing him where he would know maybe one to two people at the very top. Many people who invested with him never even met him...They knew people who knew people.
With all the Old Jewish money in the Record Industry, you would have to be CRAZY or STUPID to think that he could not get in those circles.
Just another person claiming to be something they are not...wow what a surprise. ---------------------------------- As long as you believe the BS you're slinging that's fine with me champ. We all tend to believe our own reality at some point only sometime some of us tend to do it more than most as it seems in the case file in which you fall.." Live on Dunny because when 5 O'Clock hits today I'll still be that dude that's paid..I love you lames because truth be told you make the world a litle less boring and all the more entertaining for me! Thanks!I wish I had a Hallmark to send.. Bank Talk.