Loveallmyhorsesdogsandcats
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He was in a financial dumpster fire. I am now wondering if he was wanting to eliminate some of his dependents, help solve his money problems while distracting from the lawsuit and thefts from the firm. Assets were in Maggies name, he could not borrow against them without her ok, probably would have forged her signature. IIRC, MB testified he lost all of his land investments during the recession. I don’t think they ever cut back on their lifestyle to adjust for that. Bought Moselle after a big settlement instead of paying debt. Looks like the money went to support the expected lifestyle. While he still earned a substantial income, it was not near enough to support 3 houses, trips, etc In 2019 income was 655k.I feel like so much of the story is missing. Likely all tied up with where the $$ really went.
But without that, AM has been shown to be someone who saw beloved members of his circle as marks to steal from and lie to. Specifically why he killed them is not entirely clear to me-I think it could be him saving what could be saved, Buster. But that's really too "noble" for AM. He might have seen some possible way out of all his financial crimes by shaking things way up with a murder that will also provide a solution to Paul's boat case & free up Maggie's property for him.
It might have been a last ditch Hail Mary providing him with the above and also sympathy which would deter pressures being put on him.
He can say whatever he wants, as he always will, but once Jeannie found the embezzlements, the clock was ticking. AM knew all he had stolen but no one else did. Dead family members relieved pressure on AM.
MOO
In 2014 reported income was over $1M? Alex assumes Waters has a document that says that.
In 2015, $2M; 2016, $900K; 2019, 655K
During that period of time, you were still stealing? Absolutely. Doesn’t dispute that, haven’t disputed since he was confronted on September 4. Stolen money, mislead people he cared about still cares about, loved, and still loves and mislead them all.
During that time, were you borrowing significant amounts of money from Palmetto State Bank? Yes
You had a $1M debt outstanding and $600K line of credit maxed out? Yes
You borrowed money from law partners? From Johnny Parker
And you used the stolen money to pay back those loans? I don’t dispute that
When you needed money, you borrowed from your father? Yes
And you used stolen money to pay back those loans? I don’t dispute that if that’s what records show
Moving to June 7, you were out of liquid funds—money you could readily access? Don’t agree with that. Alex said between January to June of 2021, he could borrow from his father, Parker, the bank, and had equity in the Edisto house in his and Maggie’s name; Moselle was in Maggie’s name it had equity that could be borrowed from; for those reasons, Alex disagrees with Waters that he couldn’t access funds.
The vast majority of money paid to you from the firm comes from the end-of-year bonus? Yes
That’s why you stole Ferris fees? You were in desperate need of funds and couldn’t wait until the bonus? One of the reasons, yes