Superstar hip hop producer Scott Storch may soon be homeless.
His bank moved earlier this month to foreclose on his $10 million Miami home. The bank loaned Storch $7.75 million so he could buy the 10-bed, 16-bath mansion on Miami’s Palm Island.
He reportedly hasn’t made monthly payments for most of this year, even after borrowing another $170,000 from friends, according to court papers.
Storch has also has been sued by an electric company for $11,215 - and a security system installer too! Scotty still owes $17,151 for his state-of-the-art camera network.
Hip hop's 'Liberace' may have been worth $70 million as late as last year.
Looks like his penchant for high rolling has totally effed him up, though!
Storch was known to drive around SoFla in Rolls-Royces or Ferraris, spending hundreds of thousands in local nightclubs and keeping a substantial entourage.
His bank moved earlier this month to foreclose on his $10 million Miami home. The bank loaned Storch $7.75 million so he could buy the 10-bed, 16-bath mansion on Miami’s Palm Island.
He reportedly hasn’t made monthly payments for most of this year, even after borrowing another $170,000 from friends, according to court papers.
Storch has also has been sued by an electric company for $11,215 - and a security system installer too! Scotty still owes $17,151 for his state-of-the-art camera network.
Hip hop's 'Liberace' may have been worth $70 million as late as last year.
Looks like his penchant for high rolling has totally effed him up, though!
Storch was known to drive around SoFla in Rolls-Royces or Ferraris, spending hundreds of thousands in local nightclubs and keeping a substantial entourage.
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