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re: Couple ordered to turn over money they raised for homeless veteran
Posted on 8/31/18 at 8:48 am to trom83
Posted on 8/31/18 at 8:48 am to trom83
They should have appointed a neutral third party to act as trustee for the guy. Lease him an apartment, hire a financial manager, get him invested and living on the returns. Poor people suck at managing money and hobos are even worse.
2
Posted on 8/31/18 at 9:00 am to yellowfin
quote:
You could give a homeless crackhead 10 million and in a year he’s still gonna be a homeless crackhead
Nah, He'll either be a crackhead living in luxury or dead.
Posted on 8/31/18 at 9:03 am to jcaz
quote:
They should have appointed a neutral third party to act as trustee for the guy. Lease him an apartment, hire a financial manager, get him invested and living on the returns. Poor people suck at managing money and hobos are even worse.
They did all that. There’s stuff we’re missing from the story for sure.
I know they bought him a used truck and a camper. And he blew through $25k by giving it to family (whom I’m sure he owed money) and spending it on drugs.
Posted on 8/31/18 at 9:11 am to yellowfin
quote:But it's hard to place a fair market value on all his new friends.
You could give a homeless crackhead 10 million and in a year he’s still gonna be a homeless crackhead
Posted on 8/31/18 at 9:14 am to trom83
There's a lesson to be learned here.
Folks donating money directly or indirectly may feel like they are doing something noble, but there is no way to know.
Folks donating money directly or indirectly may feel like they are doing something noble, but there is no way to know.
Posted on 8/31/18 at 9:34 am to pjab
quote:
Those people should be in jail if they spent any of that money.
Are they contractually obligated to give him the money if it was raised on his behalf? I don't really know the ins and outs of GoFundMe.
Posted on 8/31/18 at 9:39 am to trom83
Just just give him the damn money. You raised if for him. If he pisses it away it is his fault.
Posted on 8/31/18 at 9:44 am to idlewatcher
quote:
Are they contractually obligated to give him the money if it was raised on his behalf?
According to the judge the couple must account for each dollar collected. He also said they had to give him what was left of the money.
There is a large gap between what they spent on him, what was collected, and what is left.
Posted on 8/31/18 at 9:54 am to trom83
After reading this story over and over, I'm beginning to think the whole story was a scam.
I bet they were all involved. Money to get drugs and whatnot. They got way more than expected. The veteran didn't get his fair share as promised. Now he's mad...
I bet they were all involved. Money to get drugs and whatnot. They got way more than expected. The veteran didn't get his fair share as promised. Now he's mad...
Posted on 8/31/18 at 10:01 am to inmybasement
quote:
I bet they were all involved. Money to get drugs and whatnot. They got way more than expected. The veteran didn't get his fair share as promised. Now he's mad.
Mind: [BLOWN] not blown
Posted on 8/31/18 at 10:03 am to trom83
quote:My favorite detail in the article. “Welllllllllll, I might’ve gone to the casino one time....”
He denied misusing the funds but admitted to the Inquirer that he spent $500 of it at a casino.
Posted on 8/31/18 at 10:04 am to fr33manator
quote:
That money is gonna last about as long as an 8 piece dark at Gravy’s House
You win the interwebz today. I just laughed out loud at work
Posted on 8/31/18 at 10:04 am to inmybasement
Why does anyone ever think that giving money to the homeless is ever a good idea?
Posted on 8/31/18 at 10:08 am to fr33manator
Are we sure the homeless guy isn't Aaron Kaufman from Fast N Loud?
Posted on 8/31/18 at 10:11 am to Hangit
quote:
According to the judge the couple must account for each dollar collected. He also said they had to give him what was left of the money.
I understand that, but that is per judges orders, not what the contract states between the couple and GofundMe.
IOW, can I start a GoFundMe claiming to raise money for starving African chi'ren, take the money and give the finger to the starving African chi'ren? You'd think the money would be earmarked for the cause, but how you spend that money is arbitrary.
Posted on 8/31/18 at 10:14 am to trom83
What a shite show...
Posted on 8/31/18 at 7:16 pm to idlewatcher
quote:
I understand that, but that is per judges orders, not what the contract states between the couple and GofundMe.
I am not an attorney but would guess this is setting some kind of precedent that will be far reaching. It may mean that all GoFundMe money collected needs to go to what ever they say it will from now on.
There have been many fake campaigns.
Posted on 8/31/18 at 7:23 pm to trom83
Doesn't sound sexy, but if they had put that money in an annuity, earning at 8%, he could have received $40,000/year for 20 years.
Posted on 8/31/18 at 7:26 pm to trom83
Hate to ask, but which of those guys is the actual bum? they pretty much look the same to me. 
Posted on 8/31/18 at 7:30 pm to T
quote:
You mean those two attention whores weren't doing all that out of the goodness of their hearts? I'm shocked
I don’t think it’s that cut and dried.
If it’s true that he has a hard drug addiction, the only ones that would actually end up benefitting from the money raised are his drug dealers and junky partners. And the funeral when he ODs. Not to imply at all that it’s okay for them to spend it - clearly it isn’t.
He should probably just get the money regardless but setting up a trust or something would be the best thing for him.
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