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Scott Storch Goes From 70M$ to Bankrupt In 4 years

  • #  ↓
    Posted May 29th, 2009 by TheMole
    He Owns a mansion in Florida that is beyong the reach of the bankruptcy courts.

    Welcome to Chapter 13 in the Scott Storch-is-broke-again saga -- today we've learned how the once-loaded music producer now has more debt than he has dollars.

    Storch filed a bunch of papers in U.S. Bankruptcy Court, revealing that Scott owes $58,077.37 to 13 creditors in 7 states.

    To put this in perspective, dude's net worth was reportedly $70 million in 2006.

    Storch had produced music for Britney Spears, Christina Aguilera and Chris Brown.
    Click here
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Time for a Kia.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Hef wanabe.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Nothing says you've made it like dating Kim K.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    The $300k Bentley he bought Lil Kim got repoed. Someone should send a T-shirt that says 'I F*cked Scott Storch And All I Got Was This t-Shirt.'
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Blowing 70M$ is Ludicrous.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Ever wonder where Paris got the herp?
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Nice mug shot from a GTA arrest.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    He produced and funded Paris' record that lost lots of $$$
  • #  ↓
    Posted May 29th, 2009 by TheMole
    He also produced and squandered a boat load on Brooke Hogan's album.
  • #  ↓
    Posted May 29th, 2009 by MollWillGiveYaTerribleThrills
    He looks like the Polish soccer douches that hang out at the park by my house and front their mod'ed Ford Escort ZX2's with the way lame suicide doors.
  • #  ↓
    Posted May 29th, 2009 by TheMole
    Why spend New Years alone when there are so many coke hos.
  • #  ↓
    Posted May 30th, 2009 by TonIsntGayShesBILIARIOUS    
    I always thought TT looked like a crack baby LMAO
  • #  ↓
    Posted June 20th, 2009 by TheMole
    Douche storm alert.


    STORCH TO STAR IN REALITY TV SHOW
    20th June 2009

    Cash-strapped hip-hop and R&B mogul SCOTT STORCH has turned to reality TV in a bid to reverse his flagging fortunes.

    The music producer has signed a deal with reality show giants Bunim/Murray Productions - the company behind The Real World and Keeping Up With The Kardashians - with a view to fronting his own series.

    Storch's as-yet untitled show will chronicle his life as a Miami, Florida party scene stalwart and hitmaker, while following his efforts to reinvent his career after a series of financial issues.

    Executive producer David Weintraub says, "This is a monumental moment to see a producer of his calibre let the cameras into his world and see how hit records are made. A lot of people have tried to get Scott to open up the curtain to this process but have never been successful."

    Storch hit the headlines earlier this year (09) after missing payments on his Miami mansions, his luxury cars and child support obligations. He has also pleaded not guilty to grand theft auto after allegedly failing to return a leased Bentley on time.

    Storch, 35, recently opened up about his financial worries, blaming his money situation on a devastating drug habit that resulted in him blowing his multi-million dollar fortune on cocaine.

    Click here
  • #  ↑
    Posted June 22nd, 2009 by michael_    
    DAMN! I was hoping that was a typo and Scott Stapp of Creed fame was the one broke.

    ummmmm... clear sign that you might want to start watching your money and your career is failing, you produced an album for Brooke Hogan. Just saying.
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