Friday, February 5, 2010

New 50 Cent Movie Goes for $2 Mil at Sundance

Twelve, the new Joel Schumacher movie starring 50 Cent, was recently bought at the Sundance Film Festival.

The New York Times reports that the film unit of Hannover House, an independent publisher and media company, purchased the drama for $2 million.

As previously reported, the flick, which is based on the 2002 novel of the same name, finds Fif portraying a Harlem drug-dealer named Lionel. 50’s character provides Gossip Girl heartthrob Chace Crawford with drugs to sell to his rich friends on the Upper East Side of Manhattan.

The G-Unit general has several other film projects in the works. He is currently filming Gun with Val Kilmer and Jekyll and Hyde—a remake of the horror classic that he will co-star in with Forest Whitaker—is in pre-production according to imdb.com

Eve Named in Federal Money Laundering Case


Eve has been fingered in a massive money-laundering scheme, involving her on-again, off-again boyfriend, Teodorin Nguema Obiang.

According to ABC News, Obaing—who is the son of President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea—is being accused of laundering millions of illegal funds in shell companies in the U.S.

A government report released yesterday (February 3) says that Obaing had Eve set up a fake company called “Sweet Pink, Inc.” in 2005 that may have been used to legitimize his money.

Obaing was known for flaunting his cash. In one instance he reportedly paid $700,000 to rent Microsoft billionaire Paul Allen’s 300-foot yacht to take Eve on a cruise around St. Barts.

Eve took to her twitter account earlier today to address the reports. “None of that is true,” she wrote. “Please don’t believe everything you read on the Internet. It’s negative and I don’t fuck with negativity. People tryna test me.”

stay tuned to vibesarena as the story developes