Scott Storch is in trouble again…. this time for not returning a leased vehicle!
Storch, noted for producing hits for everyone from Beyonce to 50 Cent, was arrested Friday and charged with Grand Theft Auto in Miami after failing to comply with specified terms on a leased 2004 Bentley GT.
According to published reports, Storch was to return the vehicle last March (2008) but failed to do so and thus the owners of the vehicle pressed charges.
At press time, sources say the leaseholding company claims they lost roughly $65,000 based on Storch’s failure to comply.
Storch is free on bond.
The once hitmaking producer has continuously been in the news in recent years due to financial woes which have included the foreclosure of his $10 million mansion and failure to pay child support.
CR: MTV
News From Singersroom
No wonder his songs that he recorded with Janet Jackson didn’t make it on her last album! She could’ve used the hits and he could’ve used the money!
Wow, and to think all of this could have been avoided! What the heck did he do with all the money he made? If,Scott Storch don’t do anything else at least pay your child-support feed and support your babies, you made them. This is really sad, another wealthy person didn’t have the wisdom to manage their money right. When it is my time to have millions/billions, you better believe I’m going to manage what I have and use wisdom in spending. Aren’t these people suppose to have a person that keeps track of how much they spend? Or they could at the end of the day add up all they have spent and deduct it from what they have in the bank. I bet you most of the wealthy spending-unwise people don’t even care to check what’s in their bank accounts, they spends like the money grows on trees. Some wealthy-people can do that, but even so, use wisdom. Wisdom is one of the best things to own and its better than money, gold, or silver.