Daily News Alerts
Get our daily news stories right in your email inbox. Subscribe below.

 
Scott Storch Officially Loses Miami Mansion In Foreclosure
By Allen Starbury ♦ Published 08/25/2009

2009-08-25-scott-storchScott Storch tried to hold on to his Miami mansion, after going through financial and personal problems the past few years. But, he has finally lost it.

TMZ reports: The former music producer for Britney Spears, 50 Cent and Mariah Carey continues his legendary fall from grace -- Scott Storch has lost his massive Miami Mansion.

SunTrust Bank took back ownership of the home Storch defaulted on last July, buying it back at an auction on Friday for $5.5 million.

The 10-bedroom, 16-bath home was valued at around $7 million.

The bank had been trying to foreclose
on Storch for months, but couldn't because he had declared for bankruptcy (it was recently dismissed).

Last we heard, Scotty had signed a deal for his own reality series. However, we're unsure where he's at with the project.

Stay tuned for updates.

Categories: Music        Tags: ,
  • BangBang

    damn homey...

  • Eduardo

    Fell off the wagon?
    Ran out of money?
    Not as popular as you want to be?

    Start your own reality show!

    Everyone else is doing it, might as well cash in! Sex doesn't sell, stupid does!

  • CHARLES

    How in the hell, do someone, who produce mega hits for mega star fall on hard times....

  • GEORGE

    I saw his car collection, he's a idiot. At least we know that that stereotype about Jews and money isn't true. A fool and his money.

  • http://n/a Original Df-Dubb

    HEY STORCH, NOT TO WORRY HOMIE!! I WORK AT THE HOME DEPOT DOWN HERE IN WACO TEXAS MY NIGGA! HOLLA AT ME & I'LL GET YOU ON MY NIGGA! REAL SHYT!! WE GET EVERY 3RD SATURDAY OFF, A 15 CENT RAISE EVERY 6 MONTHS & A $50 EMPLOYEE DISCOUNT OFF OF ALL JOHN DEERE RIDING MOWERS MY NIGGA! LET NO MAN OR BANK SEPERATE WHAT WE CREATE MY NIGGA!!

  • http://dvsinc.blogspot.com/ VENGEANCE IS MINE!!!!!!!!!!

    WHAT HAPPENS WHEN YA FALL FROM GRACE!!!!!!

  • http://kennethtamara.com Kenneth Tamara

    How we fall from grace.
    This is just another example of someone who got SCREWED by messing with drugs!
    But like everyone who overcomes a drug habit, he can always rise up again, if he deals with his issues, and gets help!

  • gb2069

    Dumb fuck shouldn't of snorted all his money up his nose.

  • SimplyEcstasy

    Didn't he learn anything from MC Hammer? SMH... this dude had a 1.3 million dollar Bugatti sitting outside his crib and now what? NOTHIN'!

  • Quilldram

    This is what happened: he priced his beats so high at like $250,000 - so some people couldnt afford it so he wouldnt phuck wit em. that was cool when he was hot. but in the industry he would look like a piece of trash if he came back like 'now i'll do it for $50,000'. his beats was stuck at that price. OVER

  • Quilldram

    Oh yeah, and his was getting extorted too.

  • calvin oliva

    learn for the mistakes bro everybodydoes them its easy to judge
    but who that fuck gives a dawn scotty
    jodete maje

  • calvin oliva

    that happend when you try tolive like bill gates way dont be estupid homie see what you can do to recovery that house fo sure

Win The Treasury Watch From Ecko Watches' Timepieces Collectionr
Ecko Watches hooked is up with a few watches, so we're hooking you up...
Home | About Us | Advertise With Us | Contact Us | Terms Of Use | Privacy Policy

© BallerStatus.com 2010 ‘Til Infinitiy. Hated On Since 2002. All Rights Reserved.