An angry husband claims he converted his entire life savings into gold bars and threw them in the bin.



An angry husband reportedly turned his entire life savings into gold bars and threw them out just so he could avoid paying his wife any money in their divorce settlement.
American Earl Ray Jones claims he converted $500,000 into gold bars and threw them in the bin behind a Colorado Springs hotel.
Jones told his lawyer he raided the couple's entire retirement and savings accounts and purchased 10kg worth of gold, the Colorado Springs Gazette reported.
The 52-year-old first claimed at a June divorce hearing that he literally threw their money away when a magistrate ordered he pay his estranged wife $3000 a month.
In a sworn deposition in July, he said he threw the mix of coins and gold bars into bins behind a hotel after bank tellers wouldn't let him withdraw the money in cash.
However there is no trace of the gold being dumped, though records show he did purchase precious metals with his savings.
And while there is yet no trace of the gold, if it was dumped in the bin he claimed it will go to landfill nearby.
But if is actually found, the gold will automatically become the property of the company that owns the site, Waste Connections.
Jones is currently being held in jail awaiting sentencing for allegedly abusing his wife and holding her captive.

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