In the middle of the COVID pandemic, 50 Cent and social media entrepreneur Jay Mazini made a couple of videos in which they gave large amounts of cash to fast-food workers.
[Instagram post not found]It turns out Mazini may have gotten those large amounts of cash by stealing it.
A Federal compliant alleges Mazini [Jegara Igbara] told his Instagram followers to send him Bitcoin in exchange for cash via wire transfer and then never sent the money.
"As we allege, Igbara’s social media persona served as a backdrop for enticing victims to sell him their Bitcoin at attractive, but inflated, values. A behind-the-scenes look, however, revealed things aren’t always as they seem,” FBI Assistant Director in Charge William F. Sweeney said in a statement. “There was nothing philanthropic about the Bitcoin transactions Igbara engaged in with his victims. A quick search of the Interwebs today will reveal an entirely different image of this multimillion-dollar scammer.”
Mazini has claimed a net worth of $33 million.
He is locked up in a federal prison in New Jersey with an undetermined first court date, so we guess 50 didn't bail him out.