Onetime super producer Scott Storch is back to the "old ways" that cost him a $70 million fortune, says a new lawsuit. Per the Hollywood Reporter, Scott is being sued for breach of contract and fraud by former business partners who reportedly invested over $1 million into his comeback after he filed for bankruptcy last June.
Brothers Brad and Seth Cohen say they entered into a deal to help Storch make a comeback, believing that he “was once again ready to prove himself as a worthy record producer and use his deep connections in the music industry to make money for the three of them.” But within months, he was back to using drugs, and can no longer be "trusted with monies," states the suit.
Storch's alleged deal with the investors included a weekly salary, a Florida rental house, and a Rolls-Royce Ghost. The agreement reportedly stipulated that Storch's intellectual property would become re-coupable if he breached the contract. Another woman is named in the suit for attempting to lure Storch away from the Cohens' deal.
By December of last year, the Cohens claim to have “discovered” that Storch was back abusing drugs and “demanded return of the vehicle” fearing it would become an insurance liability.
The Cohens are asking for the court’s help, noting Storch’s “history of drugs use” and “money laundering” as proof that he'll try to get out of paying back for their “significant” contributions. “An injunction and additional remedies in equity are necessary under the circumstances,” the suit states.
Storch’s lawyer contests the validity of the contract and wants to stop the extortion of his client’s property. The Cohens' attorney vows to “push forward and seek relief for the wrongs that have been and continue to be committed by the Defendants."
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