50 Cent Posts Another Cash Stack Photo

Bankrupt rapper 50 Cent has posted yet another picture of himself posing in front of a mountain of bills just days after a bankruptcy judge ordered him to court to explain whether he’s being fully truthful about his financial situation.

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The 40-year-old entertainer posted the picture to Instagram on Tuesday despite comments from U.S. Bankruptcy Court Judge Ann Nevins, who said similar social media posts have made her “concerned about allegations of nondisclosure and a lack of transparency.” She called a March 9 hearing to discuss those concerns.

Lawyers for 50 Cent, whose real name is Curtis James Jackson III, have downplayed the photos as harmless branding and said that he is following bankruptcy laws’ reporting rules. People who file for bankruptcy have to document their earnings and spending during a case.

Finance expert Ira Spiegal of the EisnerAmper accounting firm said that people who file for bankruptcy should keep money into a special bank account that’s created once a case is filed, “not in your house, not laying around in your floor.”

Some commenters on Tuesday’s Instagram have picked up on the confusing messaging that Mr. Jackson’s posts are sending. User geechibrown, for example, said, “Hashtag; your honor, this is not real money.” Natesloan 33 said, “50 you my boy but u gotta stop showing off for a min the judge want see if you are really broke we no u gotta but chill my boy.” And user hufl23 commented, “@50cent thought you were going through bankruptcy so much for being broke!! #hustle.“

Several earlier photos were flagged by Lastonia Leviston, who won $7 million in a sex-tape dispute but hasn’t been able to collect that money since Mr. Jackson filed for bankruptcy last summer. Two other groups—Mr. Jackson’s mortgage lender and a partner in a failed headphone deal owed roughly $18 million—joined her in a fight to have an outside financial professional manage his money until he pay off the $30 million he owes creditors.

Mr. Jackson filed for chapter 11 protection on July 13, shortly before jurors were scheduled to determine whether he should pay additional damages in the sex-tape lawsuit filed in 2010 by Ms. Leviston, rapper Rick Ross’s ex-girlfriend.

Mr. Jackson appeared on the music scene in 2003 with hit rap song “In Da Club.” He has sold more than 22 million albums and acted in films, including the recent boxing drama “Southpaw.”

Write to Katy Stech at [email protected]. Follow her on Twitter at @KatyStech