NEWS: Details On Scott Storch’s Fall From Grace Revealed

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Written By Thomas A. Harden

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A short time ago, Grammy award winning producer Scott Storch was one of the top producers in hip-hop and pop music. The victim of his own success, in three years the multi-platinum producer has watched his empire sink from excess spending, lavish living, high-profile relationships and poor money management.

Storch was one of the most sought after producers in music, crafting hits for Terror Squad (“Lean Back”), 50 Cent (“Candy Shop”), Dr. Dre (“Still D.R.E.”), Beyonce (“Naughty Girl”) and Chris Brown (“Run It”). Nowadays, the 34 year-old Jewish producer known for his notorious keyboard loops can barely be found.

According to an Associated Press report the producer is engrossed in dept that spans from failed property tax payments on his $10.5 million mansion and arrest warrants for several failed appearances in the child-support cases of his two sons.

Storch’s poor decisions have hobbled his music career. In the past the maestro commanded $100,000 per beat. Now, the embattled star has not been able to crack the Top 10 of Billboard Hot 100 since 2005 and has retreated into hiding.

“I think he’s embarrassed,” Vanessa Bellido, the ex-girlfriend and the mother of Storch’s first son, Steven, said in the report. “I don’t think he’s going to be right until he has his money.”

His child support lawyer, Guy Spiegelman, cites mismanagement for Storch’s downfall. The big spender no longer works with his old manager or publicist as he attempts to refinance his waterfront marble mansion and recover from the tumultuous year.

“There was some mismanagement and some other errors,” Spiegelman said. “He got jammed. I don’t think he’s going down, I just think he’s having difficulty. It’s a cash flow problem.”

Many say the money and fame went to his head. In 2004, Rolling Stone reported that he earned $70 million and dubbed him “hip-hop’s Liberace.” From dating movie stars and heiresses like Paris Hilton and Lil’ Kim, Storch’s success impacted his relationship with his sons, Steven and now 2 year-old Jalen Daniel who he birthed with Dalene Jennifer Daniel. Bellido and Daniel say Storch was inconsistent with payments but not a deadbeat dad.

“Once able to get his attention, he stepped up to the plate and did the right thing across the board,” said Jason Setchen, Daniel’s attorney.

“Scott’s not a bad person,” said Bellido. “I know he loves his son. He’s been irresponsible.”

To date, Storch hasn’t shown up for his court cases, but his lawyer has said he will meet his financial obligations. He recently paid the money owed to Daniel’s and the arrest warrant was lifted.

“I’d like to see him do the right thing so we can move on,” Setchen said.

6 Comments

If I made even just A Milli, i would never go broke. These mu'fuckas waist $$$ like its water.. I have no sympathy at all for people who become multi millionaires and then all of a sudden go broke...There are sure fire ways to invest your $$$ and be even richer then before...ie. Stocks, bonds, & real estate. Trust me if i had A Milli i would never go broke. I would invest and then take bout 5 people out the hood that i was chillin wit and make them millionaires too. Gotta give back.. Stupid ass entertainers need to take notes from Young Joc, and Ray J. Yeah, they maybe corny as hell, but they know how to manage their $$$$$

i agree with dude above, if i came to just a million, id throw like 250 Gs for like a modest size house for me and my son and the rest would go to my bills and bonds and shit, like honest why the fuck would you need a $10 Million dollar house, just to say you have one?

i think that mgmt my have been an issue w/him. he should have some sort of accountant paying his bills for him, nonetheless, his problem was/is HE STOPPED WORKIN.

GOLDEN RULE: NO JOB. NO NOTHING.

DUMMY.

get back to slinging them beats storch

Well, where is his hip-hop 'friends'? Fat Joe, Lil Wayne. Did anyone have Scott Storch beat on his album? NO! Yeah, he was the flavor of the month. Instead of partying with Paris Hilton, he should have been getting close to her family to understand what's the difference between being wealthy and being rich.

@ survivedkatrina
As 50 cent said...These industry niggas aint friends.You'd think somebody could buy a beat or something from him.I'm truely sad to hear scott going threw all this shit but I said the nigga was a big spender when I seen him on cribs.That nigga had so many cars and expensive ass shit in his house.but you know that's how the games goes now.its no longer from rags to riches.its riches to rags.I think hell get better and bounce back though.Give him a minute.

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This page contains a single entry by Admin published on July 18, 2008 2:14 PM.

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