Based on the true story of Azie Faison Jr., Alberto Martinez and Richard Porter. The trio controlled much of the drug trade in New York City in the 1980's.
The real life "Ace Boogie" made $100,000 a week selling cocaine.
In interviews, Azie Faison Jr., the real life Ace, has repeatedly accused Damon Dash, the film's producer of massively altering and watering down the script for "Paid in Full". According to Faison, the original version presented to Dash was a cautionary anti-drugs tale and social commentary on the destruction drugs have wrought on the black community. Faison has stated that the end result was merely a marketing tool for Dash to promote Cam'Ron a (then) recent arrival to Dash's recording label, Rocafella Records. The rewritten script compresses over 7 years of events into 12 months. Ace is shown becoming a dealer in 1986 but this happened in 1983 after seeing Scarface (1983) and the later events which led to the downfall of all three major characters transpired between late 1989 and 1992.
Wood Harris, Hassan Johnson and Jamie Hector would later go on to star in the HBO series "The Wire" as Avon Barksdale (Harris), Roland "Wee-Bey" Brice (Johnson) and Marlo Stansfield (Hector).