Best Local Boy Gone Bad Miami 2008 - Scott Storch
For a while, having Scott Storch as a friend was pretty cool. After all, who doesn't want a pal who owns a 10-bedroom, $10-million waterfront palace on Palm Island with a Ferrari 612 Scaglietti and a Bugatti Veyron 16.4 in the driveway? This is a guy who makes beats for Lil Wayne, Fat Joe, and 50 Cent. But it turns out the multimillionaire music producer isn't so cool. This past January, his baby's mama, Dalene Jennifer Daniel, accused Storch of being a deadbeat dad. In Miami-Dade court documents, Daniel claims Storch is habitually late with his $7,500-a-month child support payments for their two-year-old son, Jalen. In addition, Storch's check to enroll his kid in the Florida Prepaid College Plan bounced. Storch's son is not the only one getting the shaft. The music mogul owes $445,916 in property taxes since 2006 and, this past December, paid the IRS $79,259 in back taxes. The guy is so broke he listed his $20-million, 117-foot yacht, Tiffany, for auction on eBay. Reserve bid: $600,000.