The power that comes with having millions in your bank account can make life difficult for those who don’t know how to manage them.
The dream of many is, overnight, to win a millionaire prize that changed their lives and solved all their financial problems. The lottery is one of the most important and frequented businesses thanks to the hope of winning the biggest jackpot, despite the small chances of this happening.
However, there are people who emerged victorious from these places, with full pockets, and were unable to manage their money. This is the case of John Robertsa Scotsman who won the lottery in 1998, won the sum of £3,500,000 millionbut three years later he stayed penniless for various problems.
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From being a millionaire to having fine debts
John Roberts and his then wife, Linda, lived in a simple house in Edinburgh. However, everything changed when they became millionaires. With the fortune they obtained, they decided to move to a luxurious mansion in Blackpooladopting a completely different lifestyle. But this new stage brought more problems than joy: the couple separated before John lost all his fortune, a victim of scammers.
In less than three years, John squandered his wealth. During that time, acquired more than 40 carswas the target of robberies, and accumulated a history of high fines. As reported by the Justice Department, he never paid any of those fines. One of the most devastating scams occurred when he bought a pub, only to discover some time later that he had never been listed as the owner on the deed to the premises.
While enjoying his fleeting fortune, John also accumulated debts. He was wanted by Edinburgh City Council for arrears in payment of the rent and taxes. In addition, he faced charges for traffic violations that led him to be cited by the Edinburgh Court to regulate your situation. Thus, what had started as a millionaire dream ended up becoming a nightmare.
Source: Ambito
