SCOTT STORCH IS HOMELESS!

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Looks like music producer Scott Storch is really strapped for cash, so much so that he’s now HOMELESS! According to TMZ, Scott’s sprawling Miami mansion has been repossessed. You really can’t feel sorry for the guy ’cause he knew it was coming since he failed to make payments on the home earlier this year. Last July, the producer who’s the ex-boyfriend of pint-sized rapper Lil Kim defaulted on the property, but it was saved from going into foreclosure after he filed for bankruptcy. Well, the bankruptcy order has now been dismissed and Sun Trust Bank bought the property back at auction last Friday for $5.5. million, which is $1.5 million less than its estimated value.

Cocaine is definitely one helluva of a drug!

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Scott Storch Posted under Money Woes, News Bites by J'More