YA HEARD???

The buzz on rumors, gossip and the unconfirmed.

YA HEARD??? - The buzz on rumors, gossip and the unconfirmed.

Easy Come Easy Go: Which Big Time Producer Is Having Money Problems? Plus SOHH Wants You To "Caption Diss"!!

Posted on December 11, 2007 3:09 PM

He was once the toast of the music scene, however these days it seems that Scott Storch might be the toast of the Chapter 11. With no major hits in almost a year it seems that a financial disaster is on the horizon. Check out what the NY Post’s “Page Six” has found out.


COULD music producer Scott Storch's cash flow be running low? One Florida insider told Page Six Storch's credit cards were recently declined at a Miami club. "He's had to pay cash for everything," said the source. In 2006, Rolling Stone reported that Storch , who has worked with 50 Cent, Fat Joe, Christina Aguilera and Beyoncé, was worth $70 million. But by August 2007, Forbes had that number down to $17 million, and we've reported on Storch's panache for covering lady friends like Lindsay Lohan in expensive diamond jewelry. A rep for the mogul had "no comment" for Page Six.

I remember a time when Scott was making some serious money as well as establishing a serious name for himself. But it seems the nerd that was in high school is burning through his cash like there is no tomorrow.

Also don't forget SOHH's weekly feature "Caption Diss". It's a brief moment for all you readers to get recognized for your creative caption. Check it out here

Posted by SOHH Streetz

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