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NC lottery winner spent $9M bailing out convict fiancé

Topic closed. 118 replies. Last post 2 years ago by mypiemaster.

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KyMystikal's avatar - 1457224010054
Florence, Alabama
United States
Member #8658
November 13, 2004
2028 Posts
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Posted: August 15, 2015, 9:01 pm - IP Logged

I read the headline to the story and was reading the posts and am a little confused. Did she win 88 million or 188 million?

I love doubles and remember, it's just a game!!!!!!

    KyMystikal's avatar - 1457224010054
    Florence, Alabama
    United States
    Member #8658
    November 13, 2004
    2028 Posts
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    Posted: August 15, 2015, 9:04 pm - IP Logged

    I read the headline to the story and was reading the posts and am a little confused. Did she win 88 million or 188 million?

    Oh now I know, I read the story. 88 Mil in a lump sum

    I love doubles and remember, it's just a game!!!!!!

      Avatar
      New Member

      United States
      Member #168063
      August 15, 2015
      13 Posts
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      Posted: August 15, 2015, 10:50 pm - IP Logged

      It wasn't my intent to "set you straight";  I was just going by what I had read...and you know what they say about believing everything you read.   She's spent that $1.8 million* already and won't get that back.

      *What I don't know is if the original bond was "rolled over" into the new one.  Whether that's the case or not, I'm thinking that the bail agency probably didn't have to pay out the original 3 million dollar bond but of course kept the fee.  I don't know if breaking the terms of his bond was enough for them to have to forfeit the full amount of the first bond.   I also don't know if it was the same agency that put up both bonds.  If he flees, I'm sure the agency will be out the six million dollars in cash or property they put up for the 2nd bond, less the $1.2 million fee.** (I know a bondsman here in town and he often puts up properties he owns instead of cash.)

      **Also, N.C. law says "up to" 20%, so they might have not charged that much but I doubt they gave a discount...would you?  I wouldn't.

      I think most of those "ankle bracelets" have a tampering mechanism built into them;  if they're cut off, an alarm sounds at the monitoring station.  I dunno.  I expect he has to make regularly scheduled visits to the sheriff's office so they can inspect it and he has to get permission whenever he needs to go outside the range of the base station at the house.  (to go to church, his charity work at the Salvation Army, to volunteer at the soup kitchen, things like that. -snicker-)

      I don't think Ms. Holmes would suffer any recrimination or financial burden if her b/f skipped town. (unless she was found guilty of helping him flee) The bail agency is the one exposed to all the risk, that's why they charge so much for a bond.

      Earlier in the thread JJ was talking about the bail bondsmen and govt. being "greedy crooks".  While I wouldn't agree with that as a blanket statement, I was reminded of something that happened when I worked on drilling rigs.

      I was off work, injured and went into the hospital for surgery.  In the meantime, the guys I worked with were heading to work one morning and were stopped for going a little too fast in a residential section.   The officer smelled pot (they were smoking) and searched the vehicle.  One of the guys was on probation and had some weed, but his little brother (my replacement) took it so his brother wouldn't have to go to jail.  The cop found some roaches (what's left of a joint, for anyone who doesn't know) in the ashtray, so they charged the driller/owner of the vehicle with possession as well.

      The little brother plead guilty to possession and got a fairly hefty fine, but the driller talked to a lawyer and was told he thought he could get the charges dropped...for eight hundred bucks.  The driller thought that wasn't a bad deal, less than the little brother had to pay,  so he forked over the money.  The lawyer took it, counted out half of it and stuck it in his pocket and told him "Be right back."  He watched as the lawyer walked to the courthouse right across the street and in ten minutes he came back.  "The D.A. dropped the charges." the lawyer informed the driller. "He said since you used the vehicle as a way to get back and forth to work, transporting the hands, it could be classified as a 'public conveyance' and that the roaches/pot could have belonged to anyone."   I suspect the lawyer got a new rudder for his sailboat and the D.A. got that hot tub he and the missus were wanting. (or whatever, just an example, but you get the drift)

      Understood about your intent, but I still thank you. I personally have a "zero tolerance" policy toward those who stubbornly refuse to change their positions in the face of clear and contradictory evidence ... and I try to not be a hypocrite about that myself.

      Back on topic, I was going down the road of "Wow, Marie Holmes must really trust this guy to put up his whole bail herself, but if she's sure he won't stiff her by taking off, that's one way to save the (maximum) 20% bail bond fee." Assuming the 20%/$9Mil figures are correct, though, it appears that she loves him to the tune of $1.8 Million, but doesn't trust him to the tune of $9 Million. I suppose that qualifies as showing at least a little wisdom on her part.

      About the corruption thing: it would not surprise me if some dirty cops received some dirty consideration in some dirty districts from some dirty bondsmen for making dirty arrests under dubious circumstances. For example, it's a close call whether or not someone is committing some minor, but not publicly dangerous transgression of the law, but the subject in question looks like he or she can afford to pay the bond fee, so ...

        mypiemaster's avatar - 2015021003pileofcash
        JACKPOT HUNTER

        United States
        Member #141034
        April 2, 2013
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        Posted: August 15, 2015, 11:07 pm - IP Logged

        Full throttle HoodRat!!

        Everybody knows what happens when HoodRats get a lot of money,

        these hoodrats treat their winnings like loans rather than an investment.

        All that money & STILL subjecting her kids to ratchetness, as unfit as it gets smh...No Nod

        http://www.dailymail.co.uk/news/article-3196697/Single-mother-188million-Powerball-winner-vowed-spend-money-kids-spends-9million-bail-drug-trafficking-fiance-jail-TWICE.html

        She is proving you to be right again. I wonder what happened to those two guys in dark suits, who were supposed to be her financial advisors?.

        Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

        Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

          LottoMetro's avatar - Lottery-024.jpg
          Happyland
          United States
          Member #146344
          September 1, 2013
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          Posted: August 15, 2015, 11:10 pm - IP Logged

          "I wonder what happened to those two guys in dark suits, who were supposed to be her financial advisors?"

          They probably dropped her when they realized she would likely sue them for bad advice (regardless if given or not) once she spends all her money

          Green laugh

          If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
          If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

          2017: 0% (0 tickets)
          P&L % = Total Win($)/Total Wager($) - 1

            mypiemaster's avatar - 2015021003pileofcash
            JACKPOT HUNTER

            United States
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            April 2, 2013
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            Posted: August 15, 2015, 11:13 pm - IP Logged

            "I wonder what happened to those two guys in dark suits, who were supposed to be her financial advisors?"

            They probably dropped her when they realized she would likely sue them for bad advice (regardless if given or not) once she spends all her money

            Green laugh

            Remember, she still owes UNCLE SAM, approx. 14% of that $88M in april 2016. This is getting interesting.

            Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

            Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

              Avatar
              NY
              United States
              Member #23835
              October 16, 2005
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              Posted: August 16, 2015, 3:24 am - IP Logged

              Waiting for chapter 2 !!

              There may be a good chance we're waiting for chapter 7.

                hearsetrax's avatar - 0118

                United States
                Member #52345
                May 21, 2007
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                Posted: August 16, 2015, 5:40 am - IP Logged

                There may be a good chance we're waiting for chapter 7.

                and the wheels on the bus go round and round

                  sully16's avatar - sharan
                  Ringleader
                  Michigan
                  United States
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                  October 28, 2009
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                  Posted: August 16, 2015, 6:20 am - IP Logged

                  This is so sad and depressing. Marie has so much money that she could get her and all her children out of this lifestyle and move. She has the chance to give her children a nice, safe life but nope she continues to hang out with shady people who are obviously leaching off of her. I feel sorry for those kids. I hope she at least put some money away for them for their future but I doubt that. Unhappy

                  Well said Thatscarychick, I hope she puts her kids first.

                  Hyper

                    Avatar

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                    Posted: August 16, 2015, 9:19 am - IP Logged

                    I think many here are being a bit hard on her.  It's her money and rather she looses it or not

                    is really none of our business.  She needs help and condemning her won't fix anything.  She

                    might be a very nice person and money may not be her everything. 

                    RL

                    ....

                      Rman313's avatar - Lottery-062.jpg
                      Romulus,MI
                      United States
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                      May 10, 2013
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                      Posted: August 16, 2015, 9:46 am - IP Logged

                      No Nod

                      Please dump the leaches and GET OUT OF N.C.!!! OMG!!!

                      You can do anything if you put your mind into it. The sky is the limit! Cool

                        Drenick1's avatar - villiarna
                        USA
                        United States
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                        Posted: August 16, 2015, 9:58 am - IP Logged

                        Remember, she still owes UNCLE SAM, approx. 14% of that $88M in april 2016. This is getting interesting.

                        The $88 million she received was actually the initial after tax amount. The cash value was $127 million so she has an even larger burden when tax time arrives in April.

                          loonasee2's avatar - wallace
                          Blue Sky Fly
                          United States
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                          August 4, 2010
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                          Posted: August 16, 2015, 10:50 am - IP Logged

                          Now thats a special kinda stupid .

                          See Ya!

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                            Baltimore Maryland
                            United States
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                            February 7, 2015
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                            Posted: August 16, 2015, 11:47 am - IP Logged

                            I love ? it

                            keep spending you won and its your money

                            from nelljopark

                             

                            that's the good thing about American

                            do what you like spent what like

                            that's american

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                              md
                              United States
                              Member #14047
                              April 20, 2005
                              595 Posts
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                              Posted: August 16, 2015, 2:44 pm - IP Logged

                              delS you wrote: " I have had a written 40 page plan for 10 years, just waiting for my turn."

                              I read this earlier today. Anyway, I was driving down the highway a little while ago and this popped into my head.

                              I am intrigued delS. Would you mind sharing on this post some of what is in your 40 page plan? I have what I thought was a well thought out plan should I win the lottery jackpot.  However, I think I would struggle to fill one typed page! LOL!

                              You must be a very detail oriented person?

                              No problem Candy Lane.  I have things like:

                              3 names, addresses of attorneys

                              3 names and addresses of accountants

                              6 wealth management firms in my area, with Senior level people their email addresses, etc.

                              Plans with strategies, activities

                              I have a plan for my children with trust details

                              I have a plan for extended family and friends

                              I have a plan for my philanthropic activities

                              I have a plan for 3 businesses

                              I have a list of homes I will purchase, I update frequently. 

                              The money I give to most charities and family members will be done anonymously. 

                              Thats most of the areas.  And, Im not a detailed person.  But I would never want to squander such a blessing on frivolous over the top items. I want to make a difference, live well, and take care of family.