Al Capone hideout up for auction
Even legendary gangster, Al Capone, can’t avoid foreclosure. The home is a Wisconsin lodge located in Couderay and was once used as a hideout for the Chicago crime boss. It has since been a tourist attraction where visitors can take guided tours for about $10 bucks a pop.
After Al Capone died, the home was bought by a corporation in Chicago and has since been in their hands for the last 50 years. The theories about the Couderay, Wisconsin hideout are that the home was used as a liquor smuggling base for the Capone and his Chicago outfit. The walls were made eighteen inches thick since Capone designed and built the lodge as a castle that could fight a battle if needed. The home also includes a guard tower and views in all directions just in case stuff goes down.
The property includes over 400 private acres and a nice lake will start the bidding at $2.6 million. Obviously, the bank that is foreclosing on the home is using the home’s history as much as possible to pull a big sale.
Debbie Gibson home in LA avoids foreclosure; Plastic surgeons rejoice
Honk honk!
Debbie Gibson and her sweet surgically-maintained 39-year-old body have dodged the dreaded foreclosure bullet.
Big Time Listings reports that the 1980s-era pop tart unloaded her 1,733-square-foot lemon in Los Angeles’ Hollywood Hills — located at 1522 Forest Knoll Drive — for $900,000 in a short sale transaction.
That’s $375,000 less than what she paid for the quaint two-bedroom love shack back in 2005.
The good news is that the bank gets stuck with the loss, ensuring Gibson is able to keep spending freely on silicone, suction and such to keep her electric youth and doesn’t get lost in your eyes.
Only in my dreams could I imagine that anything is possible like this. I’m losin’ myself at the thought … what a foolish beat.
Bernard Madoff Montauk Home For Sale
The man behind the biggest Ponzi scheme’s, Bernard Madoff, will now kiss his Montauk home goodbye. This is one of many properties he owns that will be put for sale to at least provide something to the investors that were hurt by the Ponzi scheme which is estimated over $60 billion dollars.
The Montauk home is right on the ocean, 120 miles east of Manhattan. It is located on the eastern tip of Long Island and is one of his many getaways from all the money he was squandering. The home is estimated to be worth $3 million dollars. The Corcoran Group Real Estate has listed the home for $8.75 million dollars.
Bernard Madoff’s other assets include a Manhattan penthouse apartment, a Palm Beach, Florida mansion, and tons of luxurious items he has bought over the years. Madoff is currently in jail for the next 150 years in a medium security prison in Butler, North Carolina.
The financial problems of Dr. Conrad Murray Continue
Dr. Conrad Murray just can’t get a break. Murray, the main man of interest in the death of Michael Jackson, is seeing more and more financial trouble as he becomes a household name. Apparently, Dr. Murray has now been hit with a tax lien for not paying back his student loans.
Dr. Conrad Murray was injected with a tax lien from the U.S. District Court in Nevada. Murray is default by more than $58,000 dollars with interest pilling up to almost $12,000. The company that gave him the loan, Sallie Mae, wants their money and wants it now.
Music Producer Loses Miami Mansion
Scott Storch, the big-time music producer, has lost his multi-million dollar mansion in sunny Miami, Florida. Storch was a producer for artist like Mariah Carey and Brittney Spears, so you know he had money at some point. Storch is no stranger to spending money. He is known for flaunting several fancy cars and boats which I’m sure that he can no longer afford either.
The Miami mansion had 10 bedrooms, 16 bathrooms, and of course is right on the water. The market value of the home is about $7 million dollars. Scott Storch lost the home when it was bought at an auction by his bank, Suntrust Bank, at the price of $5.5 million dollars. He apparently went default with Suntrust starting last July and now they want their money back. I don’t blame them for grabbing this home back. A mansion like this can bring in a ton of money for them in the future. See ya Storch!
The home was bought last Friday, August 21st, after a long process of trying to get the home since Storch filed for bankruptcy. Hope you kids are learning from all of this.
