WC Varones

Don't lend your hand to raise no flag atop no ship of fools

Greenspan's Body Count: Dennis and Merna Koula

Greenspan goes to Wisconsin:

Eric Koula’s 20-day trial for the 2010 shooting deaths of his parents begins today, when prosecutors will try to prove through a circumstantial case that he was motivated to kill.

The investigation is the largest in La Crosse County’s history with more than 15 local and state investigators dedicating hundreds of hours.

Much of the state’s case will focus on what prosecutors believe was the motive: The nearly broke West Salem day trader and heir to his wealthy parents’ estate killed them for the inheritance.

[...]

Koula called his parents’ home twice the day after they were killed to thank them for an anniversary present.

That same day, he deposited a forged $50,000 check drawn from his father’s investment account, reports stated.

Koula said his father gave him a blank check on May 20 when he stopped by his parents’ house for 10 minutes.

A financial expert determined Eric Koula was in debt and behind on his mortgage at the time, according to the complaint.

The next time somebody tells you he's a professional day trader, ask to see his tax return, which will document trading gains and losses. There's no such thing as a professional day trader. There are only trust fund babies who live off other assets while pretending to day trade for a living and getting their faces ripped off by high-frequency traders and Facebook IPOs.

Greenspan's Body Count stands at 217.

3 comments:

Doo Doo Econ said...

I disagree, they often get their faces "eaten" not just "ripped off" and it is often because they didn't do their due dilligence.

Anonymous said...

Do you have a Google News Alert set up ("mortgage", "debt", "killed", "suicide") to be informed of these types of stories..? heh.

W.C. Varones said...

Indeed I do! Google Alerts rock.

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