Scott Storch, producer to such stars as Mariah Carey, 50 Cent, and Britney Spears, and rumored Lil Kim sugar daddy has lost his Palm Island Miami megamansion Villa Ferrari. Storch defaulted on payments for the 18,000 square foot home in July 2008 prompting the bank to initiate foreclosure procedures. Storch filed for bankruptcy in an attempt to stall the foreclosure, but his bid was rejected by the courts. SunTrust Bank bought the home at auction on Friday for $5.5 million--significantly less than the home's $10.5 million value (in 2008 dollars). Storch had an estimated net worth of $70 million in 2007. It's a recession. And cocaine is a heluva drug.
Damn he's ugly! His house is hot though. I guess he really had to throw the doe around to get tha hoes.
ReplyDeleteScott was on some Scarface shit
ReplyDeleteI DOUBT HE EVEN NOTICE ITS GONE HE BE SO HIGH
ReplyDeletewhere is he now the talent isn't gone just the material stuff. he can be hot again
ReplyDeleteThat house is beautiful and he had some dope cars. They guy has taste if nothing else.
ReplyDeleteDUDE GOT A BIG ASS JAW. HE COULD HAVE JUST THREATENED TO BITE THE SHERIFF LIKE A ROTWILER.
ReplyDeleteSo many people are losing their homes. I have to admit I am a little happy it is not just the poor suffering in this economy.
ReplyDelete