He must have REALLY hated his wife, damn…
Colorado Man Throws $500,000 In Gold In Garbage To Keep It From Wife In Divorce
A fortune in gold, gleefully chucked into a Colorado Springs trash bin?
That’s the claim of Earl Ray Jones, a Teller County man who says he converted $500,000 in life savings into gold in May and then threw it away – all to prevent his wife of 25 years from seeing a nickel in their pending divorce.
“Damn right I did,” the 52-year-old former defense contractor huffed at a July deposition by the woman’s stunned divorce attorney, John-Paul Lyle of Colorado Springs. In his sworn interview, Jones said he consigned the treasure to a Dumpster behind a Colorado Springs motel, according to a transcript obtained by The Gazette.
Bank records supplied by Jones prove that the money was converted to gold through a Phoenix, Ariz. precious metals dealer, lending credence to the hard-to-swallow tale, Lyle said.
“We say that when people are divorcing, they enter a state of temporary insanity,” he said. “But on a scale of 1 to 10, this is my 10.”
Whether the gold was actually tossed has yet to be established. Jones claimed during the deposition there were no witnesses and that he took no steps to document the disposal.
Jones is facing a Nov. 4 sentencing in Teller County for menacing after he beat up his wife and held her captive in their Divide home during a March fight over finances. April Jones filed for divorce three weeks after the assault. Facing the loss of his government security clearance, Jones resigned his $82,000-a-year job at Exelis, a Colorado Springs contractor, court records show.
He has been held at the Teller County jail pending sentencing since his conviction at a September trial, court records show.
His estranged wife was left “destitute” by the marriage’s breakup and is living with a relative in Virginia, Lyle said.
A former teacher, she is unable to work because of the lingering effects of her injuries, including a diagnosis of post-concussion syndrome.
People ain’t S#!T!
Jones first made his claim that he disposed of savings at a June divorce hearing in which El Paso County Magistrate D. Denise Peacock ordered that he pay his estranged wife $3,000 a month – money the woman hasn’t received.
At the sworn deposition in July, Jones said he threw the gold – a mix of coins and gold bars – into a trash bin at Value Place, 5555 Airport Road, a weekly rate motel that Jones called home after vacating the couple’s Divide home.
There are probably some garbage men in Colorado digging through that landfill as we speak!
Image via Shutterstock