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Florida's biggest Powerball winner sues her own son after winnings squandered

Topic closed. 62 replies. Last post 2 months ago by ckrakowski.

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Kentucky
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February 14, 2006
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Posted: April 12, 2019, 9:29 pm - IP Logged

In response to your last paragraph.I disagree. In order to build a case for further claims the lady has to take one malfeasance at a time. Her lawyer knows more about how to handle this then a lottery poster. I tend to think the son will be removed from his executor position. And rightly so. He took an oath when it was granted. That oath is what this comes down to.

Music said "Greed is behind the son's actions." and I responded to that pointing out what Music failed to read.

"Her lawyer knows more about how to handle this then a lottery poster."

And her lawyer knows "The initial lawsuit was dismissed Feb. 14," Did you read what Scott's lawyer said?

"Itend to think the son will be removed from his executor position. And rightly so. "

First you said "her lawyer knows more than a lottery poster" and now as a lottery poster you're lecturing me by giving a legal opinion?

Did you miss where I said "Because we don't know all the details, can't really comment on who is right," or are you saying you know all the details?

According to Scott's lawyer:

""Scott Mackenzie introduced his mother to an investment adviser who put her in "conservative investment vehicles, in accordance with her chosen investment objectives, and effectively preserved her wealth."

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    Kentucky
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    Posted: April 12, 2019, 9:38 pm - IP Logged

    "the then 84-year-old took home about $278 million after taxes"

    And then she paid the rest of her taxes the following April. Her actual after-tax net was likely around $225 million.

    "saying she suffered damages in excess of $10 million due to negligence, conspiracy to misrepresent and breach of fiduciary duty."

    Oh, the horror.  Too bad if it's true, but not quite as bad is it sounds from the headline about her winnings being squandered.

    "what exactly did Scott do his mother that is "sad and shocking"?"

    Good question. This story has plenty of allegations from an attorney who stands to collect a fat fee himself if he's successful, but not much in the way of things that we know to be true. With as much money as she had she could have handled the risk of investing in things that weren't conservative, but she could also have put the money in a safety deposit box and never come close to spending it all.

    Maybe somewhere down the road we'll have a reasonable idea of what happened and who's side is closer to the truth, but right now this is a lot like the Canadian guys claiming they owned shares of their coworker's winning ticket. Nobody here has seen any proof, but but most people are sure they know who did somebody wrong.

    "Maybe somewhere down the road we'll have a reasonable idea of what happened and who's side is closer to the truth,"

    All Gloria's lawyer has to do is prove to a jury Scott should have ignored "her chosen investment objectives" and invested her money more aggressively.

    "Nobody here has seen any proof, but but most people are sure they know who did somebody wrong."

    That seems to be par for the course when discussing lottery stories.

      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
      Chasing the Dream.
      White Shores- California
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      December 12, 2012
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      Posted: April 12, 2019, 10:39 pm - IP Logged

      music*

      On one of TLCs lottery programs there was a winner from St Louis that said when you win a jackpot family regards you as their own personal ATM. 

      Caution.

      l have the sneaky suspicion that the guy who bought a steak house with a house on a hill overlooking the Valley in So Cal, went through the same thing. Family dipping into his treasure, figured out,enough is enough. The Beatles were wrong with " All you need is love."

      They say " Love can bring people together, but money can tear them apart."

       * Voice of Reason *   

       

      People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

        American Indian's avatar - disney14
        Mesa, AZ USA
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        January 16, 2016
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        Posted: April 13, 2019, 3:02 am - IP Logged

        "Maybe somewhere down the road we'll have a reasonable idea of what happened and who's side is closer to the truth,"

        All Gloria's lawyer has to do is prove to a jury Scott should have ignored "her chosen investment objectives" and invested her money more aggressively.

        "Nobody here has seen any proof, but but most people are sure they know who did somebody wrong."

        That seems to be par for the course when discussing lottery stories.

        STACK, STACK, STACK

        Par for the course IS that You THINK you are the Resident EXPERT on ALL things Lottery Same with KY FLOYD!

        Both of you continuously COMMENT on Most everything anyone says on here.

        As for what BD said about this son getting his, as USUAL YOU MISSED the POINT! He was Talking about When He Faces the after life, wherever this "son" may end up, When he's dead & gone, Buried six feet under or whatever is decided to do with his Body.. Clear ENOUGH For YOU???

        You Comment on everything like You KNOW the entire situation! Do YOU???

        Patriot

          music*'s avatar - Trek HAND1.gif
          Fresno, California
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          August 2, 2014
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          Posted: April 13, 2019, 3:18 am - IP Logged

          music*

          On one of TLCs lottery programs there was a winner from St Louis that said when you win a jackpot family regards you as their own personal ATM. 

          Caution.

          Thank You Coin Toss for the caution. I live 2 or 3 hours away from family. That should help me with family requests. I will also inform them that I am only allowed to gift any one $15,000.00 gift tax free per year. 

           As an elderly winner in the Midwest cautioned us, "Family and friends are your worst enemies. They even declared bankruptcy when asked to pay back loans. Charity is the way."

           The simple two letter word, NO will come in handy. 

            " Live Long and Prosper" Spock on Star Trek. A Vulcan.

            Artist77's avatar - batman14

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            Posted: April 13, 2019, 8:12 am - IP Logged

            A judge will not substitute his/ her decision on whether the money should have been invested more or less aggressively. If the investment is deemed reasonable (even if it is very conservative)  and lacking fraud or negligence, Gloria loses.

            Je vous salue, Marie, pleine de grace.  We will rebuild!

              mikeintexas's avatar - h87TsB4
              Texas Panhandle
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              December 20, 2012
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              Posted: April 13, 2019, 9:53 am - IP Logged

              STACK, STACK, STACK

              Par for the course IS that You THINK you are the Resident EXPERT on ALL things Lottery Same with KY FLOYD!

              Both of you continuously COMMENT on Most everything anyone says on here.

              As for what BD said about this son getting his, as USUAL YOU MISSED the POINT! He was Talking about When He Faces the after life, wherever this "son" may end up, When he's dead & gone, Buried six feet under or whatever is decided to do with his Body.. Clear ENOUGH For YOU???

              You Comment on everything like You KNOW the entire situation! Do YOU???

              Uh oh.  Just my opinion, but you may very well have bitten off more than you can chew. 

              Whatever, I'm going to subscribe to this thread in my reader so I don't miss anything. Lurking

              I'm a big fan of inexpensive and amusing entertainment; political rallies, Pentecostal tent revivals and certain threads here in Lottery Post.

              What, me worry?
              - Alfred E. Neuman

                Artist77's avatar - batman14

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                Posted: April 13, 2019, 10:30 am - IP Logged

                Uh oh.  Just my opinion, but you may very well have bitten off more than you can chew. 

                Whatever, I'm going to subscribe to this thread in my reader so I don't miss anything. Lurking

                I'm a big fan of inexpensive and amusing entertainment; political rallies, Pentecostal tent revivals and certain threads here in Lottery Post.

                Type lol

                Je vous salue, Marie, pleine de grace.  We will rebuild!

                  noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                  Chasing the Dream.
                  White Shores- California
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                  Posted: April 13, 2019, 10:33 am - IP Logged

                  Oh American Indian. 

                  Afterlife, six feet under, where he may end up?

                  Scott shows up at the Pearly Gates:

                  St Peter asks " Name?

                  Scott Mackenzie.

                  St Peter: Sorry, cant get in here!

                  Scott: Why not, my Mom is here.

                  St Peter: Bad investments Scott.

                  Scott: wait a min, is that Bernie Sanders over there? How come he gets in, that guy cost Hillary the election with all he's socialist nonsense.

                  St Peter: Yeah we know, but he makes great sandwiches..

                   * Voice of Reason *   

                   

                  People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                    music*'s avatar - Trek HAND1.gif
                    Fresno, California
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                    Posted: April 13, 2019, 10:51 am - IP Logged

                    Oh American Indian. 

                    Afterlife, six feet under, where he may end up?

                    Scott shows up at the Pearly Gates:

                    St Peter asks " Name?

                    Scott Mackenzie.

                    St Peter: Sorry, cant get in here!

                    Scott: Why not, my Mom is here.

                    St Peter: Bad investments Scott.

                    Scott: wait a min, is that Bernie Sanders over there? How come he gets in, that guy cost Hillary the election with all he's socialist nonsense.

                    St Peter: Yeah we know, but he makes great sandwiches..

                    noise-gate, Do not deny the Power of God. God Bless.

                     We have some very good posts here on this thread. Thanks everyone. 

                      " Live Long and Prosper" Spock on Star Trek. A Vulcan.

                      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                      Chasing the Dream.
                      White Shores- California
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                      Posted: April 13, 2019, 11:07 am - IP Logged

                      noise-gate, Do not deny the Power of God. God Bless.

                       We have some very good posts here on this thread. Thanks everyone. 

                      What we dealing with here Music, is the absurdity of talking about the " afterlife " This has nothing to do with the Power of God. No one has gone to the so called " other side " and returned  to tell what was or is there. Our first Parents returned to the dust of the ground. Lazarus did not report back after being resurrected that he was in heaven for 4 days. I am merely finding the humor in American Indian's post. 

                       * Voice of Reason *   

                       

                      People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                        mikeintexas's avatar - h87TsB4
                        Texas Panhandle
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                        Posted: April 13, 2019, 11:46 am - IP Logged

                        Yep, but I think I just cracked a molar on an "old maid". (an un-popped kernel, not referring to anyone specifically in this thread)

                        Ever had leftover popcorn for breakfast the next day after a marathon movie session the night before?  It's pretty good w/ a little milk and sugar.

                        What, me worry?
                        - Alfred E. Neuman

                          noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                          Chasing the Dream.
                          White Shores- California
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                          Posted: April 13, 2019, 11:48 am - IP Logged

                          l take no delight in showing people up, and can weather criticism. What l hate are lies, especially when my Grandparents are thrown into the mix. 

                           * Voice of Reason *   

                           

                          People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                            Artist77's avatar - batman14

                            United States
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                            Posted: April 13, 2019, 11:49 am - IP Logged

                            Lurking  He will rant all day now.

                            Je vous salue, Marie, pleine de grace.  We will rebuild!

                              CDanaT's avatar - Nolz june15.jpg
                              Central TN
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                              January 4, 2012
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                              Posted: April 13, 2019, 11:59 am - IP Logged

                              Yep, but I think I just cracked a molar on an "old maid". (an un-popped kernel, not referring to anyone specifically in this thread)

                              Ever had leftover popcorn for breakfast the next day after a marathon movie session the night before?  It's pretty good w/ a little milk and sugar.

                              Can't say that I have done that breakfast activity before or even heard of it. Old maid..lol, perfect

                              Integrity: There is just no substitute