Judge Throws Out Lawsuit Against Rapper 50 Cent

In New York, a judge threw out a $50 million dollar lawsuit that was filed by the rapper 50 Cent's ex-girlfriend, who stated that she is owed half of the rapper's assets because he promised to take care of her for life. The judge said that 50 Cent's financial worth is currently "set at no less than "50 Million" and didn't feel that there was an oral agreement between the two parties and even if there was an oral agreement, her claim would not be acceptable due to a six-year statute of limitations. 50 Cent denied that he had made any such promises and that he would have married her if he intended to take care of her financially for life.

The ex-girlfriend, named Shaniqua Tompkins, has a 12 year old son with 50 Cent and is set to receive $6,700 each month for several years. Her lawyer is considering an appeal of the lawsuit. Tompkins claims that she supported 50 Cent financially after they started dating in 1995 while he tried to start his career. She also says that she took care of him for months after he was shot nine times in 2000.

Rapper Lil Kim Sued by Recording Company

The rapper Lil Kim is being sued by a recording company called Brookland Media for $2.5 million. The company states that she hasn’t delivered all of the recordings that their contract requires and they have already spend hundreds of thousands of dollars on recordings, equipment, and advanced payments after contracting the rapper this year. Court papers state that Lil Kim tried to change the contract and refused to continue recording unless the company agreed. Brookland Media wants the court to declare the contract as valid and wants to bar her from recording for another company.

Rapper DMX Ordered to Pay $1.5 Million Dollars

The rapper DMX has been ordered by a judge to pay over $1.5 million dollars to the mother of his child after he didn’t show up to court to defend himself against allegations of defamation. He was being sued by a woman named Monique Wayne for defamation of character after he told a magazine that Wayne raped him while at a Baltimore hotel in 2003, which caused her to get pregnant. Wayne then filed a $6 million dollar lawsuit against DMX in October of 2006. The judge ruled in favor of Wayne when DMX didn’t show up to court. He is ordered to pay her $518,400 in compensation and $1 million dollars in punitive penalties.

Mans Wins Contest With 1524 Pound Pumpkin

In Half Moon Bay, CA a man named Thad Starr had the winning pumpkin at the Half Moon Bay pumpkin festival weigh-off. His pumpkin weighed 1,524 pounds and set the record for the largest pumpkin they ever had at the contest. He won six dollars for each pound of the pumpkin and received $9,144. Click This Link to See the Picture: http://images.townnews.com/journaltimesonline.com/content/articles/2007/10/08/ap/strange/d8s59jl00.jpg

Mike Vick Get a Visit from the Repo Man

An Indiana bank recently sued Mike Vick for not repaying his loans that involved a car rental business. Vick is the chief financial officer of Divine Seven, a car rental company, and bought more than 130 cars through the loans. The bank says it suffered damages of about $2 million dollars because Vick and Divine Seven LLC wouldn’t pay for the vehicles. The bank has repossessed most of the cars.

Last week, Royal Bank of Canada sued Vick for $2.3 million dollars that he claimed he was going to use for real estate investments.

Google’s Mission to the Moon

Google is offering $30 million dollars to the first private company that can land a robotic rover on the moon and beam back a gigabyte of images and video to Earth. Google has partnered with the X Prize Foundation for this contest and it is open to companies around the world.
Whoever fills the requirements of the contest by the end of 2012 gets $20 million dollars. The winner must be able to have a successful landing and have high-definition video and still cameras. The rover must also be able to trek at least 1,312 feet on the moon and send self-portraits, panoramic views, and near-real time video back to Earth that will be streamed on Google’s website. The participants must create a secure launch vehicle for the probe by building it themselves or contracting with a private rocket company.
If there is no winner, the prize will drop to $15 million dollars until the contest ends in 2014. There is a $5 million dollar second-place prize and a $5 million dollar bonus to the teams that go beyond the minimum requirements.

Mike Vick Gets Suspended from Football

It is reported that the NFL indefinitely suspended Michael Vick without pay. The suspension is going to cost him $150 million dollars. He still has to pay fines and legal fees. He will lose $71 million dollars in salary over the next several years if the Falcons terminate his contract. He will lose $50 million dollars in future endorsement income. He could lose more if the Falcons sue him for the bonuses he was already paid under his contract. The Falcons will also want some of their signing bonus money back.

Medicare Won’t Pay for Hospital Errors

It is reported that in a policy change, the Bush administration officials say that from now on Medicare will no longer pay the extra costs of treating preventable errors, injuries, and infections that happen in hospitals. That includes bedsores, pressure ulcers, injuries caused by falls, and infections resulting from the prolonged use of catheters in blood vessels or the bladder. They also plan not to pay for things like leaving a sponge or other object in a patient during surgery and giving a patient incompatible blood or blood products. Private insurers are thinking about making the same changes. It suppose to force hospitals to be more careful about the care of their patients and save millions of dollars.

Woman Starves Her Adopted Children

It is reported that in West Palm Beach, FL a woman named Judith Leekin received nearly $2 million dollars in welfare payments as she starved, tied up, and abused the children she adopted. She treated the children like prisoners and handcuffed them together. Currently, she has a $4.5 million dollar bail and 11 charges, including counts of aggravated child abuse, false identification and witness tampering, as well as four counts of aggravated abuse of a disabled adult.

Leekin used fake aliases to adopt the 11 children and received welfare payments to different addresses and bank accounts. She received nearly $2 million dollars since 1993 until recently. People who adopt special needs children can receive about $55 per day until the child turns 21.

Leekin was found out when an 18 year old woman was found wandering around in a grocery store 200 miles from Leekin’s home and she told the police that Leekin had adopted her 13 years ago and abandoned her at the store that day.

50 Cent Was Bankrupt before the Vitamin Water Deal

It is reported that hip hop artist 50 Cent had serious financial problems earlier this year. He was spending millions of dollars on his Connecticut mansion, on members of his entourage, and personal security. 50 Cent was broke with a lot of assets and very little cash. His accountants even suggested that he sell some of his assets.

He put up his Connecticut mansion for sale and sold some of his luxury cars. He was even thinking of selling his interest in G-Unit Records. Luckily he didn’t have to sell anything because Coca Cola announced a $4.1B cash offer for Vitamin Water, which is an "enhanced water" company which 50 Cent owned a minority stake. He gained about $40 million dollars from the deal.

Since then, 50 Cent has taken his mansion and almost all of his luxury cars off the market. Only his silver Lamborghini is still up for sale.

British Teen finds $90,000 in Playstation 2

A 16 year old boy bought a Playstation 2 off of Ebay and received it on March 20th. Two of the games that were suppose to be there were missing but instead there was 65,400 Euros (about $90,200 dollars) placed in the package. The police have until September 22nd before the situation goes before the court. In court, the boy's family could request that the money be returned to them.

Inmate Sues Mike Vick for $63 Billion Dollars and Accuses Him of Buying Missiles

Mike Vick, a NFL quarterback who is facing charges related to dogfighting, has been hit with a $63 billion dollar lawsuit from a South Carolina inmate, named Jonathan Lee Riches, who claims that Vick stole his pit bulls and sold them on Ebay to buy missiles from Iran.

Riches said that Vick stole two white mixed pit bulls from his home in Florida and used them for his dogfights in Virginia. He also said that Vick sold the dogs on Ebay and used the money from that to buy missiles from the Iran government. He said that Vick needed those missiles because he pledged alliance to Al Qaeda earlier this year.

Riches wants $63 billion dollars delivered to the Williamsburg Federal Correctional facility in South Carolina where he is an inmate due to a wire fraud conviction.