Bitter Husband Throws $500,000 In Trash So Divorcing Wife Wouldn’t Get It! [Details]

Rucuss staffOctober 29, 2013

A Colorado man made sure his wife didn’t receive any money in the divorce settlement.

After 25 years of marriage, Earl Ray Jones wife filed for divorce. The 52-year old wasn’t happy about it and allegedly beat her and held her captive during a fight over finances. He had the couple’s life savings of $500,000 converted to gold before dumping it all in the trash.

Jones shocked his wife’s divorce lawyer when he first revealed his outrageous plot to prevent his soon-to-be-ex-wife from getting any money in their divorce.

“We say that when people are divorcing, they enter a state of temporary insanity,” John-Paul Lyle told the Colorado Springs Gazette. “But on a scale of 1 to 10, this is my 10.”

It remains unclear if Jones actually went through with his threat. There are no witnesses to his alleged disposal of the gold bars in multiple trips to the dumpster behind his temporary home at a weekly rate motel on Airport Road. Nor has the gold turned up at any local landfills.

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Back in June, after Jones was ordered by a judge to pay his wife $3,000 a month, he claimed he had no money left after emptying the couple’s shared retirement and investment accounts and having the money turned into about 22 pounds of gold through CMI Gold and Silver.

He initially tried withdrawing it from the bank in cash, but his request was refused.

“If that would have been an option, I would have been walking around giving people $100 bills,” Jones said in a sworn interview with Lyle.

Meanwhile, Jones will be doing the rest of his taunting from behind bars: He is due back in court on November 4th for sentencing after being convicted of assault back in September

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