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Showing results for tags '15millions'.
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This news was reported in Sunday NewPaper. Ok...Can anyone propose a wasteful lifestyle or scheme that can waste away 15millions in 3 years? I cannot imagine how the hell he can so poor now. (At least sure got 1 million hidden somewhere perhaps) Maybe he is acting poor to avoid all the money grabbing relatives and friends? For me even if I buy a district 9 bangalow at 8million and wasted all the others on girls and cars and gambline, and if the old man were to die asuddenly nd propety price crash. I think still can sell the house for 1million right? No? Anyone please list out how to lose it all and it is very possible in Singapore context. THEN, A $15M LOTTERY WINNER NOW, HE'S A WELFARE LOSER He hit the lottery jackpot in 2005, but three years on, ex-soldier is destitute, down and out in budget guesthouse April 14, 2008 HE does odd jobs to make ends meet, claims welfare benefits and lives in a 贈15 ($40) a night guesthouse. It's all gone now: Ex-British soldier Peter Kyle, who hit the lottery jackpot of 贈5.1 million, is seen here in an undated screen grab with his wife and son. It's hard to believe that just three years ago, ex-British soldier Peter Kyle hit the lottery jackpot of 贈5.1 million. Today, the 55-year-old divorcee has squandered all his winnings and is virtually destitute, reported The Daily Mail. It is claimed he also owes money. A source told The Daily Mail that Mr Kyle lost his money after making a string of ill-advised investments. He now lives in a budget guesthouse where he earns his board and lodging by doing odd jobs for the owner. The source said: 'He had a golden opportunity to turn his life around - and then blew it. He took some bad advice from bad people and handed his money over too readily to them. 'Now he's got nothing and even owes cash.' Mr Kyle won his fortune in February 2005 and splurged on a 贈550,000 house, a 贈40,000 Mercedes, a 贈40,000 Range Rover and another vehicle. He also gave money to his two children, aged 23 and 14. Mr Kyle has refused to talk to the British media. These days, the former Royal Artillery gunner calls a 贈15-per-night guesthouse in his hometown of Plymouth home. It is next to a sex shop and opposite a tattoo parlour. A source told The Sun: 'Pete has been working at the hotel for a few months just to get by. He has his own room, marked private, and he spends a lot of time there. 'He shuffles around and cooks breakfast for the punters and is a general dogsbody for the owner.' Reports say Mr Kyle has been claiming benefits for several months, and in January, an anonymous creditor secured a county court injunction against him in Northampton for 贈590. The huge house he used to own on the outskirts of Plymouth has been repossessed, say neighbours. The current owner is believed to be a builder who did work for Mr Kyle on the property but was not paid - and later negotiated a deal to buy it. But some ex-neighbours of Mr Kyle believe he got his just desserts. Said Ms Moira Johnson, 50: 'Some people do get what they deserve - he really is a nasty piece of work. I had a run-in with him once when a friend of mine was stuck and I needed to take them a car battery charger. 'I knocked on his door and he started screaming blue murder at me right in my face, calling me every name under the sun. His language was appalling. No one liked him around here and everybody had had some run-in with him at some stage. We were very glad when he left.' Mr Kyle has also been accused of refusing to give financial support to four of his siblings. They suffer from Huntington's disease, a rare genetic disorder which attacks the neurological system. His ex-neighbours also described him as an arrogant spendthrift when he first won the lottery. Said one neighbour: 'He was very into his flashy cars. 'This is a narrow private road and normally neighbours wait and let each other pass, but he would always barge down and force you to reverse. He was arrogant and foul-mouthed - not a very nice man at all. 'I sensed he was a bit of a loner, though. There weren't many visitors and I think he was single. 'It doesn't surprise me that he has lost his money, because he did a ridiculous amount of pointless building work and drove top-of-the-range cars. We never mixed with him at all.'