Scott 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.