Scrushy’s house goes for $7.4 M

Richard Scrushy’s multi-million dollar Lake Martin home was sold at auction Monday to a HealthSouth representative, while the former CEO sat behind bars inside a federal prison in Texas.

The home and a nearby airplane hangar went to Wade Tucker on behalf of HealthSouth Corp. for almost $8 million. Tucker’s attorneys will now begin marketing the property for sale. He acquired the properties on behalf of HealthSouth by electing to credit Scrushy in the same amount for the nearly $3 billion the former CEO owes the company and its former shareholders.