A 55-year-old businessman from Ottawa, Canada, sold some assets to his former accountant, behind Ex wife back then withdrew a total of $1,050,000 and claims, he burned the money in two bonfires: in Sept. 23 sum of $743,000, and on Dec. 15 other $296,000.
According to the Ottawa Citizen report, the man, Bruce McConville, told judge Phillips he has made 25 withdrawals from six bank accounts — and had the receipts to back up his claim — but no cash to support the claim.
“So where’s the money now? Judge Phillips pressed.
“I destroyed it,” McConville replied.
“You’ve lost me. What do you mean?” the judge asked.
McConville rambled and spoke of anxiety about a relationship with a daughter.
“Can I back you up a bit? When you say you destroyed it, what do you mean?” the judge asked.
“I burnt it,” McConville explained.
“To the tune of how much?” the judge probed.
“In total, about a million and thirty-nine thousand dollars,” McConville said. (McConville later said he burned $1,050,000 in all.)
“How does destroying over a million dollars advance your child’s best interest?” the judge asked.
McConville admitted that he didn’t film the bonfires of cash, had no witnesses and didn’t record it in any fashion.
“You understand that’s hard to believe?” Justice Phillips told court.
“Yes, I do,” McConville agreed.
McConville said he burned it out of frustration with the divorce proceedings.
“It’s not something that I would normally do,” McConville explained. “I am not a person that is extremely materialistic. A little goes a long way. I have always been frugal. That’s why my business lasted for 31 years.” [Keep on reading… ]