It seems that this recession has been taking a toll on allot of people. Scott Storch being one them has just lost his Miami Mansion due to personal and financial problems. 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).
