Scott Storch Ordered To Pay $750K Over Business Dispute


Scott Storch was ordered to pay actor/film producer Matt Sinnreich, 23, $750,000 over a business dispute.

A Miami-Dade jury ordered the famed producer to pay Sinnreich the money after the two agreed to begin a company in June 2007, according to the Miami Herald. The company's plans included signing and producing singer Sindy Espitia and Darrell "D Shep" Sheppard of Miami.

Sinnreich paid Storch $25,000 for 25 percent of the company, but claims in court documents that Storch "failed to form the corporation . . . and failed to return the $25,000."

Sinnreich's complaint alleged breach of contract and civil theft. When Storch fialed to reply to the compalint, Judge Ronald Friedman granted Sinnreich's motio. Jurors recently decided the damages amounted to $750,000.

Although Storch was once worth an estimated $70 million, he has had numerous financial problems, including late child support payments, as well as owing $722,906.19 in taxes for his $10.5 million mansion.

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Tags: $750K, Business, Dispute, Ordered, Over, Pay, Scott, Storch, To

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Comment by tracy on May 27, 2009 at 11:59pm
hey man u dont have it please dont even try ,and if someone told you do have it u should really look at this picture real good then call them over and whip there a** good.
Comment by Reality-Is-Crucial on May 26, 2009 at 12:31pm
he should write a book called, "how to spend it all over night! (for dummies)" myspace.com/realityiscruci4l
Comment by Omega RED on May 26, 2009 at 10:28am
Human! You will pay what you owe!
Comment by tony on May 26, 2009 at 9:53am
YOU GOING TO DY scott storch BE CARE FULL AND LOOK BEING YOU . HAHAHAHA...
Comment by tony on May 26, 2009 at 9:42am
For Me he is a BIG S*** and he must going HOME , he's like a mutherfucker a f****** mutherfucker and he havent his place here S*** LOOK THIS F****** FACE I HAVE TO BE PUNCHED!!!! BEATCH
Comment by TheRapInsider on May 26, 2009 at 8:13am
the rap insider (me) is a scott storch fan. the rap insider has several vixen friends that used to lay up in scotty's crib for weeks at a time
Comment by T on May 26, 2009 at 7:41am
check out some free aussie hip hop tunes, register and rate!
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Comment by Anthony Smith on May 26, 2009 at 3:48am
And to think that I was jealous of those cars on MTV that this guy had. I'm not being judgemental, but this point needs to made. If you do not invest your time and money into God, it will be taken away. That is why it is foolish to trust in money. I will admit I once had and,at times, still do, I want what every young black man wants; to take care of his family, be the breadwinner of the house, but if those dreams don't anyway coincide with God's plan for your, I can almost certainly guarantee your plan will fail, In the bible it says, A fool and his money will soon part, right? I probably will get all types of responses because of what I said, but look at Storch, at Bernard Madoff, look at the people who committed suicide when their money got ganked because of him, AIG's white collar robbery,and Hammer's situation as well. Now look! We got a black president who follows the Word, Hammer's a preacher amking money again, dances on weekends at Las Vegas(smart move),and Tyler Perry to test that thoery Like Jeezy said," need I say more?"
Comment by OURKO7 on May 26, 2009 at 3:41am
tuff jew????????? ahahhahahahhahhhahahhah!!!!!!!!!!!!!!
Comment by Natasha on May 26, 2009 at 2:31am
Scott Storch u get to pay s*** like everybody else just pay up dude!



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