His Wife Lost $175,000 In A Ponzi Scheme, And His Brother’s Pushing Him To Divorce Her Over It
Seven years ago, this 31-year-old man got married to his 28-year-old wife, and they’ve been together for a decade in total.
They are solidly middle-class, and they live in a four-bedroom home and have a mortgage. His wife is a stay-at-home mom, while he’s the breadwinner of their family.
They have two daughters, ages three and six, and they are pregnant with their third daughter. Eighteen months back, his wife approached him regarding an opportunity for them to make an investment with her older brother.
His wife’s brother was running a company flipping homes, and he said he could give them a 12% return on the money they invested with him.
“I was skeptical of it, knowing his past,” he explained. “Her brother lives a fake lifestyle. He loves to show off rentals and vacations on social media.”
But his wife begged and badgered him into saying yes. At the time, they had $210,000 saved up, so he allowed his wife to take $100,000 and invest it with her brother.
That was no small sum to them – it represented a large chunk of their entire life savings, and none of them come from rich families.
They have had to earn every single penny to their names, and nobody has handed them a thing. So, his wife invested the money, and they didn’t hear from her brother.
“Fast forward to now, her brother has gone missing and was essentially running a Ponzi scheme,” he said.
Krakenimages.com – stock.adobe.com – illustrative purposes only, not the actual person – pictured above a woman smiles while holding money
“There was a whole thing in the news about him stealing over 6 million dollars from investors. I find out 2 weeks ago that my wife gave him 75k more without my permission or knowledge.”
“So now we are out $175,000 dollars, which is unreal to me. [My] wife is being super apologetic and has been crying and begging me not to leave her. I’ve sort of been hiding my true emotions since I don’t want this to affect her pregnancy and the baby.”
He doesn’t know what he should do, to be honest. His brother is pushing him to file for divorce since his wife invested the additional cash without his knowledge.
He can say his wife has destroyed his trust in her since she thought this was acceptable. His wife means everything to him, and he can’t understand how she could stab him in the back like that.
He guesses they will never see their money again, and there’s no way they can afford to send their daughters to a private school next year as planned.
“My job is completely commission-based,” he continued. “I have nothing to fall back on if I have a bad month.”
“I have no clue at all about what to do in this situation. If it comes out scrambled, I apologize; my brain is scattered. I haven’t slept in days. I have to keep going and stay strong for my daughters.”
What do you think he should do? Divorce his wife?
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