Stephen was on top of the world. He had worked for a trading company but was now self-employed, betting his own money, on the future price of oil.
Stephen said in his best year he made about $300,000 and thought he could finally afford to buy his wife Jeanne the house of her dreams. “Bought the bigger nicer house in Rockville Centre and we were on our way you know. Just didn’t plan enough ahead,” he admits.
The mortgage and other expenses had tripled. There were fancy cars, private pre-school, and Stephen was struggling to keep up with the bills.
As his troubles and debts mounted, Stephen decided not to tell Jeanne or anyone else how bad things had become. On top of that, his mother was diagnosed with a terminal illness.
Stephen’s attention became divided, and he began to lose big money. He says he probably lost well over $200,000.
He had to do something, so he joined a prayer group.
“Stephen would be at the prayer group every week,” remembers family friend Pat Reynolds. “He eventually stopped coming and I wondered why. And I asked him and he said every time he would come on a Tuesday and pray for financial success he would go to work Wednesday and get crushed. He would lose more money than ever.”
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I knew Steve all through college. We were great friends. Lost track after college- what a shock! What prison is he serving his time in?
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