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£5.1m lotto winner sought over debt...

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  • £5.1m lotto winner sought over debt...

    A Lottery winner who blew a £5.1 million jackpot he won three years ago is being hunted by bailiffs chasing more than £370,000 of debt.
    Pete Kyle managed to spend all his money and was forced to sell his luxury cars and a plush five-bedroom home in Plymouth, Devon.
    The 55-year-old former Royal Artillery gunner, who won his fortune in February 2005, was working and living in a £15 a night guesthouse but staff at the Rooms Hotel said he had left and may have gone abroad.
    Businessman Steve Hawken now owns Mr Kyle's former home which he bought for a knockdown £540,000 as a repossession.
    He said since October when he moved into the property, which came with Jacuzzi, steam room, bar and snooker table, he has been inundated with letters from creditors and visits from bailiffs.
    In the last six months bills of more than £370,000 were sent to the address.
    The 40-year-old said he has written to 260 people to tell them Mr Kyle no longer lives there.
    "I'm sick to death of bailiffs and other people knocking on the door for him," he said.
    "I'm trying to run a business and this is day in day out"

  • #2
    Re: £5.1m lotto winner sought over debt...

    This happens a great deal more than Camelot will ever let on. Its quite simple - being given more money than one can imagine, without the benefit of having had the balancing responsibility of having to earn it and thus appreciate it's value, leads to this kind of situation.

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    • #3
      Re: £5.1m lotto winner sought over debt...

      What an absolute nob he must be, I worked out that if I had £800,000 the intrest alone would give me the lifestyle I desire.

      So anybody with a spare £800,000 please take note of my name.

      Best wishes,
      Hod..Liam..
      Borrow money from a pessimist -- they don't expect it back.

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      • #4
        Re: £5.1m lotto winner sought over debt...

        I have always been under the impression that if you win a great amount like that, then Camelot suppy advisors and a support system for the winners.
        What a waste of a bloody good re-start to life. Some people just don't deserve that kind of luck do they.

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        • #5
          Re: £5.1m lotto winner sought over debt...

          I wonder if he has registered yet

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          • #6
            Re: £5.1m lotto winner sought over debt...

            I'd absolutely hate to win that much money
            #staysafestayhome

            Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

            Received a Court Claim? Read >>>>> First Steps

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            • #7
              Re: £5.1m lotto winner sought over debt...

              Originally posted by Amethyst View Post
              I'd absolutely hate to win that much money
              Erm, I wouldn't!

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              • #8
                Re: £5.1m lotto winner sought over debt...

                lol well a couple hundred thousand would be nice but any more and I'd just stress over it
                #staysafestayhome

                Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                Received a Court Claim? Read >>>>> First Steps

                Comment


                • #9
                  Re: £5.1m lotto winner sought over debt...

                  Originally posted by Amethyst View Post
                  lol well a couple hundred thousand would be nice but any more and I'd just stress over it
                  I can think of much better things to stress over than having too much money.

                  If you win Ame, I'll PM you with my address and bank details and will wait to hear from you.

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                  • #10
                    Re: £5.1m lotto winner sought over debt...

                    lol now there's a kind of stress i could cope with.... shame i'm just not that lucky.... ahh well back to the grindstone, must find a better job!!!

                    Comment

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