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Louisiana millionaire’s fall from grace may see him behind bars for life

Louisiana millionaire's fall from grace may see him behind bars for life

Putting it wealthy is one thing many people dream about, however what they don’t consider is simply how onerous it may be to carry on to that cash as soon as they’ve made it! Temptations lurk round each nook when you have got wealth to spare, and for these with out sufficient self-control, a pocket full of greenback payments can turn out to be the recipe for a damaging downward spiral.

For one Louisiana millionaire, a profitable profession, trophy spouse, and the admiration of his friends wasn’t sufficient to save lots of him from a descent into greed-fueled insanity. As his life teetered getting ready to collapse, the once-proud businessman hatched a sinister plot to take again what was as soon as his…

Michael Handley of Lafayette, Louisiana, all the time lived a charmed life. An enormous-name participant within the tech business, Handley discovered success early on in his profession and was a millionaire by the point he was simply 30 years previous.

The Day by day Advertiser

However Handley’s wealth went to his head. The once-proud businessman developed drug and alcohol addictions, and his spouse divorced him quickly after, taking his fortune and their youngsters together with her. Sick, broke, and alone, Handley’s life was within the gutter.

Handley didn’t keep there lengthy, nevertheless. He overcame his habit and commenced working to revive his good identify. Discovering a foothold in healthcare this time round, Handley established a worthwhile chain of habit restoration facilities and shortly discovered himself richer than ever earlier than.

The Every day Advertiser

Although he’d as soon as once more discovered the recipe for success, Handley by no means anticipated his new life would convey with it new love — that’s, till he met Schanda Villarrubia. Drawn to her stylish attractiveness, Handley was immediately smitten with Schanda, and, following a whirlwind romance, the couple married in Hawaii in 2006.

Schanda Villarrubia Handley / Fb

Lafayette’s latest “it” couple shortly turned the toast of the social elite, they usually quickly based the Handley Household Basis to boost cash for worthwhile causes of their group. However even with all glitz and glamour of their fabulous way of life, Michael and Schanda’s marriage wouldn’t final.

Clarion Ledger

Within the spring of 2017, years of rigidity lastly got here to a head in a collection of home disputes between the couple, with every accusing the opposite of great abuse. Courtroom proceedings quickly adopted, and it was throughout this time various considerations about by Michael got here to mild.

Together with years of infidelity, Schanda alleged that Michael had hacked her social media accounts, bugged her cellphone with a monitoring system, and used pretend telephone numbers to ship her threatening messages. After Michael and Schanda each petitioned the courtroom for restraining orders, the couple filed for divorce.

Sadly for Michael, Schanda was trying to take the whole lot, and given the allegations towards him, there was little he might do to cease her. However earlier than Michael might lose his fortune for the second time, the saga between him and his estranged spouse took a horrifying flip.

With Michael now dwelling on the couple’s second residence in Woodville, Mississippi, Schanda invited an in depth good friend to stick with her of their residence on Founders Road in Lafayette. All was regular in the home for the 2 ladies… till, on August sixth, they acquired a pair of sudden guests.

The Clarion Ledger

Two males, armed with semiautomatic pistols, pressured their means into the house and took each ladies hostage at gunpoint. After handcuffing Schanda’s pal to a chair, the assailants threw a bag over Schanda’s head and dragged her outdoors.

The Clarion Ledger

The lads tossed Schanda into the again of a van, the place they proceed to abuse and threaten the frightened lady earlier than handcuffing her to the seat. With their motives nonetheless unclear, the abductors hopped into the van’s cab and headed for the freeway.

NBC Los Angeles

Issues went awry, nevertheless, after a police cruiser caught sight of the van driving on the shoulder to keep away from heavy visitors on I-10. The officer and his backup gave chase, however as an alternative of turning onto a connecting interstate, the van made a b-line for a close-by fabrication plant.

Stamford Advocate

Because the van skirted the power, one in every of its tires obtained snagged within the mud, leaving the car completely motionless. The abductors tried to flee the scene by swimming throughout the Intracoastal Canal, however each males have been swept away by the currents and drowned.

Wikipedia

The kidnapping try was foiled, however as regulation enforcement took a deeper dive into the plot they quickly made a startling discovery. After operating the license plate of the abductors’ van, authorities traced the car again to a Baton Rouge Enterprise that had rented it out to somebody a day earlier. The identify of that particular person? Michael Handley.

No sooner was this info revealed that the Woodville police had Michael’s Mississippi compound surrounded. However he wasn’t there. Apparently, somebody had tipped Michael off concerning the botched kidnapping try, and he’d fled the world.

After virtually every week of looking, regulation enforcement officers have been capable of monitor to Michael to a lodge simply outdoors of New Orleans. Based on courtroom filings, Michael was making an attempt to constitution a personal aircraft to flee the nation for good.

Michael was arrested on the spot, however whereas in holding on the Lafayette Parish Correctional Middle, he made a plea of madness to keep away from dealing with a felony trial. Nevertheless, following a psychological analysis, Michael’s sanity was confirmed, and he was deemed match to face trial for his crimes.

In September 2017, Michael was indicted on a handful of fees associated to Schanda’s kidnapping, together with legal conspiracy to commit second-degree homicide, aggravated kidnapping, and violation of a protecting order. As of October 2018, he was awaiting trial.

The Every day Advertiser

By then, not solely would Michael face legal courtroom, however there have been nonetheless a handful of civil claims made towards him for which he had but to go to trial. Apart from his divorce proceedings, Schanda’s good friend – the one current through the house invasion – was additionally suing Michael for emotional trauma.

Regardless of the consequence of Michael’s trial, it’s unlikely that the previous businessman will get a 3rd shot at redemption. For people who consider cash is the last word supply of happiness, be warned: all that glitters shouldn’t be all the time gold.

Let’s simply be grateful this man by no means gained the lottery…

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Tejas Sachdeva

Tejas Sachdeva

The technical guru, with over 2 years of experience in web designing and coding. Undoubtedly the greatest technical asset present at VerfiedTasks. His work ethics are second to none, an honest guy with a huge heart who is always willing to help others. He discovered the Blockchain world at the very start and being his usual self who is always ready to explore and learn, he began doing his own research which has provided him with a ton of knowledge in this department. His helping nature is what motivated us to start this small initiative known as VerifiedTasks.