COLORADO SPRINGS, Colo.—A 52-year-old man claims he tossed $500,000 in gold into a Colorado Springs trash bin so his wife couldn’t have any of it during their pending divorce proceedings.
Earl Ray Jones of Teller County made the revelation in July during a sworn deposition with his wife’s attorney, John-Paul Lyle. The Colorado Springs Gazette reports ( ) that bank records prove Jones converted the money to gold through a Phoenix precious metals dealer. But Lyle says only Jones can vouch to whether he threw away the gold.
Jones says he tossed the mix of coins and gold bars in a trash bin behind a Colorado Springs motel during several trips.
Jones is at the Teller County jail awaiting sentencing next month on a menacing conviction for hitting his wife and holding her captive at their home.
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Information from: The Gazette,
