Vurcurevich Bankruptcy Settlement
by KDLT News
July 10, 2013 9:05 PM
A court settlement involving Sioux Falls businessman and former owner of the Storm football team, Kent Vucurevich has been filed with the U.S. bankruptcy court.
Under the terms of the agreement Vucurevich and his father, Tom will pay $600,000 to resolve all debts.
Vucurevich was accused of not paying around $400,000 in taxes on ATM’s he owned back in 2010. Shortly after that creditors claimed Vucurevich had borrowed millions of dollars and had not paid it back.
They also accused Vucurevich and his father of hiding assets from the bankruptcy court.
Kent's grandfather grew up in the Black Hills and amassed a fortune in the banking industry.