Scott Storch Facing Foreclosure
According to the Palm Beach Post, Storch has failed to make monthly payments on the home for nearly a year.
The paper alleges in addition to the bank, an electric company and security system are after Storch and have put a lien on the house in an effort to settle outstanding payments.
Storch was recently alleged to have fallen two years behind on property taxes amounting to $511,839 for the Miami Beach mansion.
The star, who has worked with the likes of Jay-Z, Beyonce Knowles, Mariah Carey and Dr. Dre, has been plagued by rumors of financial difficulty for months.
Police issued an arrest warrant for the star after he failed to show for a child support court hearing just last month.
And back in February, he was ordered to pay back more than $500,000 to a record label boss after reneging on a loan deal.
(This news article provided by World Entertainment News Network)
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