Chapter 12 - Brad Learns His Family Trust Was Completely Empty
Inside the downtown Los Angeles holding facility, Brad sat in a sterile holding cell wearing a standard orange jumpsuit.
His court-appointed defense attorney slid a thick folder across the metal table with a grim expression.
“Mr. Sterling, I’ve reviewed the financial disclosures submitted by your wife’s legal team this afternoon,” the lawyer said.
“Tell me we can fight the embezzlement charges; I can sign over some of my family trust assets to pay bail,” Brad demanded.
“There are no family trust assets left to sign over, Brad; your father’s estate was wiped out ten years ago,” the lawyer replied.
Brad stared blankly at the attorney, shaking his head in absolute denial as the words sank into his brain.
“That’s impossible... my father was a wealthy real estate developer in Manhattan!” Brad shouted defensively.
“Your father lost everything in the 2008 financial crash and lived off secret loans provided entirely by Elena’s family,” the lawyer stated.
Brad felt the floor drop out from under him as he realized his entire life had been built on a foundation of sand.
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He wasn't a wealthy elite; he was a broke, fraudulent criminal facing twenty years in federal prison.
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