What Comes Next
Should Sire Spirits initiate strict foreclosure, Green will likely have a limited redemption window—typically 30 days—to settle his debts. If he fails to do so, the title to 299 Main Street vests automatically in Sire Spirits or its designee. At that point, the company could choose to sell the property on the open market, even at a loss, simply to prevent Green from remaining in the home. Because the home is underwater, Sire Spirits can also pursue any deficiency judgment against Green personally under Conn. Gen. Stat. § 49-14(b), compounding his financial woes.
Green has pleaded guilty to federal wire fraud charges at the U.S. District Court for the District of Connecticut and awaits sentencing in July 2025. If convicted, he faces up to 20 years in prison under 18 U.S.C. § 1343. His criminal sentence will not reduce his obligation to Sire Spirits, and any future incarceration would make satisfying the civil judgment even more challenging.
For 50 Cent and Sire Spirits, the court’s approval to seize Mitchell Green’s home is a victory not only in recouping losses but also as a deterrent to would-be embezzlers. As Green prepares for sentencing, he also faces the grim prospect of losing his property and remaining liable for millions of dollars.
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