Latest / Reality with The King / Locked Out and Liens In - Porsha vs Simon House Drama: Reali-TEA Crime Stories

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Locked Out and Liens In - Porsha vs Simon House Drama: Reali-TEA Crime Stories · Reality with The King

• 0:03
  Speaker 1: Reality with the King is hosted by me, Carlos King.
• 0:07
  Speaker 1: I'm an executive producer who have produced some of your
• 0:10
  Speaker 1: favorite shows from the Real Housewives in Atlanta, New Jersey
• 0:13
  Speaker 1: and my own creation, The Love and Marriage Franchise and
• 0:17
  Speaker 1: Bell Collective. Every episode we recap reality television from the
• 0:23
  Speaker 1: Real Housewives Franchise to The Bachelor or Selling Sunset, in
• 0:27
  Speaker 1: addition to celebrity guests, whether in the unscripted space or
• 0:31
  Speaker 1: scripted as well. All Right, rain Dross, If you've been
• 0:43
  Speaker 1: sipping with us, then you know Reality Crime Stories is
• 0:46
  Speaker 1: where glam meets grit and the headlines always comes with
• 0:51
  Speaker 1: a sight of hard truth.
• 0:52
  Speaker 2: Every week, Courtney Parker and I put back the velvet
• 0:56
  Speaker 2: robe on fame, fortune and the fallout they try to hide.
• 1:01
  Speaker 3: That's right, Carlos, Everything from reality TV scandals to the
• 1:05
  Speaker 3: crimes committed behind the cameras, whether it happens on or
• 1:09
  Speaker 3: off the screen, Carlos and I will bring you the
• 1:13
  Speaker 3: tea surrounding hot topic crime stories involving all of your
• 1:17
  Speaker 3: favorite reality TV personalities.
• 1:20
  Speaker 1: And if today's story taught us anything, child is that
• 1:23
  Speaker 1: in this world the tea is never just hot, it's criminal. Hey,
• 1:33
  Speaker 1: rain Jobs another episode of Reality Crime Stories with Courtney Parker.
• 1:38
  Speaker 2: We are diving into.
• 1:40
  Speaker 1: The ongoing saga that is Portia Williams and her ex
• 1:47
  Speaker 1: husband Signi Well Badia. So Courtney Parker, are you ready
• 1:52
  Speaker 1: for what is this? Courtney Like park eighteen fo Okay,
• 1:59
  Speaker 1: yeah too?
• 2:01
  Speaker 3: The divorce story that just keeps on giving Like this
• 2:06
  Speaker 3: is a reality show in and of itself, and I
• 2:08
  Speaker 3: actually love it. This time, however, Carlos, I have taken
• 2:14
  Speaker 3: a turn for what the rain drops will say the better,
• 2:21
  Speaker 3: because as this thing continues to drag out, I become of.
• 2:28
  Speaker 4: Less empathetic towards Simon and more.
• 2:33
  Speaker 3: Teen Porsche, more and more Team Porsche, because I can
• 2:40
  Speaker 3: only imagine how she must be feeling just everything regarding
• 2:47
  Speaker 3: this never ending saga that is her life and her divorce.
• 2:54
  Speaker 2: Yeah no, listen, that's a lot going on.
• 2:56
  Speaker 1: So we have our resident ex spur Steve joining us
• 3:02
  Speaker 1: in a bit. But let me update the rain drops
• 3:04
  Speaker 1: coordinate on exactly what we're talking about today. The title
• 3:08
  Speaker 1: of this episode is locked out and leans in you
• 3:14
  Speaker 1: knowsessment titles, So to catch you all up, rain Drop
• 3:20
  Speaker 1: Porsche Williams ex husband Simon Gobadia. As you know, they
• 3:26
  Speaker 1: finalize their divorce. Okay, he purchased a seven point three
• 3:30
  Speaker 1: million dollar mansion that has been under more legal paperwork,
• 3:36
  Speaker 1: then throw pillows, Hey Pampa by Porsche. But the finalization
• 3:42
  Speaker 1: of Portion and Simon's very contentious divorce, Simon was ordered
• 3:47
  Speaker 1: to cover the mortgage and household bills for three full
• 3:52
  Speaker 1: years to the tune of forty thousand dollars a month,
• 3:56
  Speaker 1: then spousal support for like I said, three years. However,
• 4:01
  Speaker 1: Simon is allegedly cutting corners by leaving mortgage payments unpaid,
• 4:07
  Speaker 1: lean's piling up, and Portie inevitably the one holding the bag.
• 4:13
  Speaker 1: So must show that his own lawyer filed a lead
• 4:18
  Speaker 1: against the house for over two hundred thousand dollars in
• 4:21
  Speaker 1: unpaid fees. So now the very home that was supposed
• 4:25
  Speaker 1: to symbolize Mada Bliss has become a court house hostage.
• 4:31
  Speaker 2: So, Courtney, what is going on in this? So I
• 4:34
  Speaker 2: didn't know this?
• 4:35
  Speaker 1: So it's actually Simon's lawyer, Yeah, that filed the lean
• 4:44
  Speaker 1: against the house.
• 4:47
  Speaker 3: Listen, We're gonna have Steve talk about it from the
• 4:51
  Speaker 3: legal perspective. But again, we kind of call this when
• 4:58
  Speaker 3: when Simon got kicked out of the country when he
• 5:01
  Speaker 3: was deported. Everything that came against him in the United
• 5:07
  Speaker 3: States he could run for from he doesn't. He's not
• 5:12
  Speaker 3: obligated to do uphold anything within the United States.
• 5:18
  Speaker 2: What are they going to do.
• 5:20
  Speaker 3: He's no longer a citizen, he's no longer a resident,
• 5:23
  Speaker 3: He's no longer obligated to do anything. And this just
• 5:28
  Speaker 3: goes to show that this isn't just about mispayments here.
• 5:32
  Speaker 3: This is about the optics. Court documents show late notices,
• 5:37
  Speaker 3: they show unpaid balances, lean stacking up faster than housewife
• 5:43
  Speaker 3: shades on a reunion. But for someone who flaunted private
• 5:48
  Speaker 3: jets and designer suits, this feels a lot like malicious intent.
• 5:55
  Speaker 3: Remember when the world, including myself, was feeling like Portia's
• 6:01
  Speaker 3: team tipped off Vice to get him deported. Simon is
• 6:05
  Speaker 3: now taking the position of no accountability or obligation to
• 6:10
  Speaker 3: the American court system or their divorce.
• 6:15
  Speaker 1: So let's bring in Courtney, our resident attorney, Steve Suzoo,
• 6:20
  Speaker 1: our legal expert, so that we are able to really
• 6:24
  Speaker 1: decipher exactly what's going on.
• 6:27
  Speaker 5: Happy to be back.
• 6:31
  Speaker 2: We are so happy to have you back. So let's
• 6:33
  Speaker 2: just get right into it.
• 6:34
  Speaker 5: Okay, So did I say, we predicted all of this
• 6:39
  Speaker 5: month or so ago. I'm sorry to me, said.
• 6:43
  Speaker 1: Well, you know, listen, don't be sorry. We it's the
• 6:45
  Speaker 1: reason why I'm going to expert and courty. I are
• 6:48
  Speaker 1: the nosy journalist. Hey, Poorsche, So talk to us about
• 6:53
  Speaker 1: the latest and greatest. So, Cordy and I have just
• 6:56
  Speaker 1: discovered that Simon's lawyer is the one who filed the
• 7:01
  Speaker 1: two hundred thousand dollars lean against the Hull.
• 7:04
  Speaker 2: Talk to us about that. How did that happen? But
• 7:07
  Speaker 2: most importantly, why is that happening?
• 7:10
  Speaker 5: Well? And so, a lot of states allow these kind
• 7:13
  Speaker 5: of let's call it a mechanical lean, if you will,
• 7:17
  Speaker 5: where a lawyer can file against somebody's property. New York
• 7:20
  Speaker 5: does not. Some states allow it, and it's you write
• 7:24
  Speaker 5: it into the retainer agreement. Where you're where you're where
• 7:27
  Speaker 5: you're committed to legal fees based on your assets, and
• 7:31
  Speaker 5: a lawyer can file a lee. It's fairly common in
• 7:34
  Speaker 5: a lot of states, not New York. New York doesn't
• 7:37
  Speaker 5: doesn't allow lawyers to do that.
• 7:40
  Speaker 3: Right, let me ask a question, if I might, Carlos,
• 7:45
  Speaker 3: So you kind of predicted this? You absolutely not? Kind
• 7:49
  Speaker 3: of you predicted this when we were running with the
• 7:52
  Speaker 3: notion of did porsious team call Ice tip Ice off
• 7:59
  Speaker 3: to have him deported? And you over emphasize and stressed
• 8:03
  Speaker 3: the fact that it would not be in their best
• 8:07
  Speaker 3: interest even though it was considered a legal strategy, it
• 8:11
  Speaker 3: would it would be a strategy that backfired. Does de
• 8:15
  Speaker 3: portion excuse Simon from pain.
• 8:20
  Speaker 5: Well, it doesn't. It doesn't excuse him. But you know,
• 8:24
  Speaker 5: an unenforceable order is is worthless. I mean, it has
• 8:29
  Speaker 5: no it has no meaning. Look, there's a couple of agreements.
• 8:33
  Speaker 5: There's a treaty out there, the Hague Treaty if your
• 8:35
  Speaker 5: if your country is a signatory, and that that they
• 8:38
  Speaker 5: they will allow the signature countries to enforce support orders
• 8:44
  Speaker 5: from the United States or to the United States. But
• 8:47
  Speaker 5: for several reasons, it doesn't help Poorsha here. One is
• 8:50
  Speaker 5: Nigeria is not a signatory to the Hague Treaty. And two,
• 8:55
  Speaker 5: the United States is only a signatory and so far
• 8:58
  Speaker 5: as child support obligations are concerned, and we know there
• 9:01
  Speaker 5: are no children here, so that that that really doesn't help. Really,
• 9:06
  Speaker 5: the only method by which he can enforces his assets
• 9:10
  Speaker 5: here in the United States that's the home, of course,
• 9:13
  Speaker 5: and hopefully it has for her sake, it has substantial
• 9:16
  Speaker 5: equity in it. We don't know that though. We're assuming
• 9:19
  Speaker 5: the mortgage, which is rarely public, is in the fifty
• 9:22
  Speaker 5: percent range. That would still leave about three million dollars
• 9:25
  Speaker 5: or so in equity. So that's not nothing. Frankly, the
• 9:29
  Speaker 5: money is about in fact, Yeah, is Simon.
• 9:34
  Speaker 1: Doing this in your opinion because he wants to either
• 9:41
  Speaker 1: make matters worse for Portia, you know, and then Leana
• 9:45
  Speaker 1: gets the home that he owns, or is he doing
• 9:48
  Speaker 1: this as a financial legal strategy because and if it listen,
• 9:54
  Speaker 1: it could be both.
• 9:55
  Speaker 2: And if it's both, Okay, you asked the My second
• 9:58
  Speaker 2: question first is.
• 9:59
  Speaker 1: What does I'm to get out of having this lean
• 10:02
  Speaker 1: on the home net ports of a thigh thin?
• 10:04
  Speaker 5: Yeah, well, I mean it's it's called it's called leverage, right.
• 10:07
  Speaker 5: I mean, if he starts to pay the monthly expenses,
• 10:14
  Speaker 5: you know that that's coming out of his pocket. On
• 10:16
  Speaker 5: the other hand, if the house is closer to forfeiture
• 10:19
  Speaker 5: or or or it is closer for the bank taking
• 10:23
  Speaker 5: it back, then you know he gained some leverage. He's
• 10:26
  Speaker 5: going to have more of an incentive to resolve this
• 10:31
  Speaker 5: in a way that is acceptable. She can always say, hey, look, Simon,
• 10:34
  Speaker 5: let's agree on ex will cell house. Now I get
• 10:37
  Speaker 5: two thirds, you get one third. But he has no
• 10:41
  Speaker 5: incentive until that happens. Let it go. Why should he care?
• 10:44
  Speaker 5: And again, we're assuming that the mortgage is around fifty percent.
• 10:48
  Speaker 5: It could be I don't know, twenty percent, could be
• 10:51
  Speaker 5: eighty percent. We just don't know. My guess is that
• 10:54
  Speaker 5: the down payment is a lot smaller than fifty percent,
• 10:57
  Speaker 5: which means paying a lot of equity there. What does
• 11:00
  Speaker 5: he care anyway? It's not going to be anything left
• 11:02
  Speaker 5: at the end of it anyway. So it's a great
• 11:05
  Speaker 5: it's a great legal strategy. That is what I would
• 11:08
  Speaker 5: advise him to do if he was in Nigeria.
• 11:12
  Speaker 4: I feel so sorry.
• 11:14
  Speaker 3: Again, we've watched all of this play out, We've watched
• 11:19
  Speaker 3: the kind of volley from both positions. But today, after
• 11:25
  Speaker 3: reading this and doing our research for this episode, I
• 11:28
  Speaker 3: really feel sorry for Porsche. She gets the divorce, she
• 11:32
  Speaker 3: finally gets the divorce that she wants, and this marriage
• 11:38
  Speaker 3: has this marriage and divorce has quickly become an absolute
• 11:43
  Speaker 3: nightmare for her. Instead of peace, She's tied up in
• 11:48
  Speaker 3: you know, more legal disaster and financial debt as a
• 11:53
  Speaker 3: as a result of this ongoing thing with with Simon.
• 12:02
  Speaker 5: What could she do?
• 12:04
  Speaker 3: What can she do besides just sell the house because
• 12:08
  Speaker 3: it's she's still living in the marital home.
• 12:11
  Speaker 5: Correct, Yeah, well they're really Look I wish there was
• 12:16
  Speaker 5: a great strategy, but as we discussed on previous shows,
• 12:19
  Speaker 5: it's the assets here in the United States that give
• 12:23
  Speaker 5: her some leverage. And all we know is Simon has
• 12:28
  Speaker 5: a has an interest in that house. That's all we know.
• 12:32
  Speaker 5: Are there other assets here that are attachable? That's what
• 12:34
  Speaker 5: she should be going after. She should probably have an
• 12:36
  Speaker 5: investigator looking to see if she can track any interesting
• 12:39
  Speaker 5: assets that he has. But if the answer to that
• 12:42
  Speaker 5: is no, that house is it is okay.
• 12:47
  Speaker 1: So Simon, by the port of law, was told that
• 12:53
  Speaker 1: he must pay the mortgage for this house.
• 12:57
  Speaker 2: Yeah, I'm big in Nigeria.
• 13:01
  Speaker 1: And by this lean happening, does this prevent him from
• 13:05
  Speaker 1: paying the monthly mortgage payments?
• 13:09
  Speaker 5: No? No, absolutely, Look the lean that his attorney just
• 13:12
  Speaker 5: put on, it is just something that secures the attorney's interest.
• 13:17
  Speaker 5: Right if if if somebody were the want to buy
• 13:21
  Speaker 5: the house in foreclosure, and that Lian was still outstanding,
• 13:26
  Speaker 5: the purchaser would have to satisfy that that two hundred
• 13:29
  Speaker 5: thousand dollars. But right now it's just it's a placeholder
• 13:32
  Speaker 5: protecting that lawyer's interest. And by the way, interest in
• 13:37
  Speaker 5: terms of dollars, accrues until the debt is paid.
• 13:42
  Speaker 3: So is it is it safe to say that not
• 13:46
  Speaker 3: only did he is he abandoning his responsibilities to their
• 13:54
  Speaker 3: multimillion dollar mansion, essentially obligating her to keep up the
• 14:01
  Speaker 3: mortgage on her own, but he's also tacking on his
• 14:07
  Speaker 3: attorney fees to the.
• 14:09
  Speaker 5: House and hers for nothing. Why then he's supposed to
• 14:16
  Speaker 5: pay her attorney's fees too. That's another two fifty or so.
• 14:20
  Speaker 5: So we're talking about half a million dollars that that
• 14:23
  Speaker 5: is going to come out of the house and not
• 14:25
  Speaker 5: go into either one of them. Well, indirectly, it goes
• 14:28
  Speaker 5: to Simon because it's not out of his pocket, right,
• 14:30
  Speaker 5: so he either bays the half a million himself or
• 14:33
  Speaker 5: he doesn't pay the half a million. It comes out
• 14:36
  Speaker 5: of his portion of the equity. If there's enough to
• 14:40
  Speaker 5: cover it, and I suspect there isn't. Let's just put
• 14:45
  Speaker 5: it this suppose there was one hundred million dollars, one
• 14:48
  Speaker 5: hundred million dollar house, we're talking about three or four
• 14:50
  Speaker 5: million dollars. Is what is what she's entitled to in
• 14:53
  Speaker 5: terms of you know, the divorced settlement, right, you know
• 14:57
  Speaker 5: mortgage is paying two or three million dollars? Is what
• 15:00
  Speaker 5: what her get out of the divorce decree? Well, if
• 15:03
  Speaker 5: the house is worth one hundred million dollars, it's an
• 15:05
  Speaker 5: asset you want to preserve, right, you want to pay
• 15:07
  Speaker 5: it down. You don't want the bank to get it
• 15:09
  Speaker 5: is they sell it at auction penny's on a dollar.
• 15:12
  Speaker 5: They don't want to do that. But there isn't enough
• 15:14
  Speaker 5: left for that to be the motivating factor for Simon.
• 15:19
  Speaker 5: There isn't enough money in the house left for it
• 15:23
  Speaker 5: to affect Simon. But to go back to your first
• 15:25
  Speaker 5: part of your question, one, isn't vindictive? Yeah, there's always
• 15:28
  Speaker 5: in matrimony. Again, we talked about this several shows. There's
• 15:32
  Speaker 5: always a vindictive aspect to matrimonial actions. Somebody wants the
• 15:37
  Speaker 5: other party to pay, to suffer, to look bad. That's
• 15:41
  Speaker 5: just the way it is. He being vindictive, You bet,
• 15:43
  Speaker 5: he's being vindictive, As you said, Carlos it's both. The
• 15:46
  Speaker 5: answer is both. He's doing it for two reasons, both
• 15:50
  Speaker 5: of them, as you mentioned, addictiveness, and it's a smart
• 15:53
  Speaker 5: legal strategy, is it right, Courtney? No, it is he
• 15:58
  Speaker 5: a deadbeat? Yeah'd be. We're taking care of his responsibility. Yeah,
• 16:02
  Speaker 5: he should be. But we don't live in a perfect world.
• 16:06
  Speaker 2: So I have a question.
• 16:07
  Speaker 3: I'm just going to throw out there and wait for
• 16:11
  Speaker 3: all the comments to come rolling in.
• 16:14
  Speaker 4: Do we think.
• 16:15
  Speaker 3: That Simon is a mastermind with this play or rain drops?
• 16:24
  Speaker 4: If I can call your rain drops rain drops, Carly.
• 16:31
  Speaker 3: This is it serves Porsche right for thinking she was
• 16:36
  Speaker 3: the exception to the rule.
• 16:39
  Speaker 5: Well, I mean legally with you know, lawyers, you're not
• 16:43
  Speaker 5: supposed to have heart or emotion when it comes to
• 16:47
  Speaker 5: the other party. As far as if you are Simon's lawyer,
• 16:51
  Speaker 5: she could. She could be living on the street for
• 16:53
  Speaker 5: all you care. We don't. We're not. Our interest is
• 16:57
  Speaker 5: in our client. The client comes first, not the client
• 17:00
  Speaker 5: sex wife. And so no, I don't. I don't think
• 17:03
  Speaker 5: there's any interest whatsoever do it. Do I feel bad
• 17:06
  Speaker 5: for her on some level? Yeah? Absolutely. Anybody who gets
• 17:09
  Speaker 5: who gets treated in this way, you know, there's it's
• 17:12
  Speaker 5: a reason to feel our sympathy. But if I were
• 17:14
  Speaker 5: Simon's Laura, I wouldn't feel the slightest bit of sympathy
• 17:17
  Speaker 5: for her whatsoever.
• 17:19
  Speaker 4: Let's flip it.
• 17:20
  Speaker 3: If you were Porsche's lawyer, how what and how would
• 17:24
  Speaker 3: you be advising her right now?
• 17:27
  Speaker 5: Well, if I was the lawyer who suggested dropping the
• 17:30
  Speaker 5: immigration time on him, I would be hiding out someplace, living,
• 17:38
  Speaker 5: presumably in the witness security program because whoever advised that, forever,
• 17:43
  Speaker 5: whoever dropped that that idea is it really should be?
• 17:47
  Speaker 5: I mean, actually shout so you know, But you have
• 17:50
  Speaker 5: to be telling her I think you do just as
• 17:52
  Speaker 5: I'm telling you, if you're honest and look, I have
• 17:55
  Speaker 5: no interest in the outcome, right I have. I can
• 17:58
  Speaker 5: be completely objective about this. The answer to your client
• 18:02
  Speaker 5: who says, what am I going to do about it?
• 18:04
  Speaker 5: Is you better hold onto that house and sell it
• 18:06
  Speaker 5: as quickly as you can because you don't have any
• 18:09
  Speaker 5: other leverage. Right, And she's going to say I'm not
• 18:11
  Speaker 5: doing that. I'm you know, she's going to be vindictive too, right,
• 18:15
  Speaker 5: That's what happens in the matrimonial action.
• 18:18
  Speaker 1: And that's gonna be my thing for me because I'm
• 18:21
  Speaker 1: not gonna go off court. I'm sorry, but for me,
• 18:25
  Speaker 1: the million dollar question, or in this case, it's seven.
• 18:29
  Speaker 2: Point three million dollar question, since that's how must the
• 18:32
  Speaker 2: house costs.
• 18:34
  Speaker 1: A lot of people are questioning why keep this house?
• 18:38
  Speaker 1: Why supports chemic a house that has massive mid rooms,
• 18:43
  Speaker 1: massive land, and she's a single woman, she has one child.
• 18:50
  Speaker 2: Yes, you may have a big family, but for all.
• 18:52
  Speaker 1: The purposes, this house is a reminder of your past
• 18:58
  Speaker 1: that you should want to be able to like step
• 19:02
  Speaker 1: away from Courtney asked a good question about you know, legally,
• 19:08
  Speaker 1: would you advise her to sell the house?
• 19:10
  Speaker 2: You're pretty much saying you would.
• 19:13
  Speaker 1: On the other side, let's let's say that Steve, you know,
• 19:21
  Speaker 1: legally Porsche doesn't want to sell the house. As her attorney,
• 19:27
  Speaker 1: what legal sort of leverage does she have to stand
• 19:32
  Speaker 1: on by keeping the house? If there is any or
• 19:36
  Speaker 1: or or or is this a situation where a client
• 19:41
  Speaker 1: is more concerned about the vanity of a man time
• 19:43
  Speaker 1: min dollar house versus the smart strategy of letting this
• 19:51
  Speaker 1: go move on with your life.
• 19:52
  Speaker 2: So this guy doesn't have something like this to do
• 19:54
  Speaker 2: to you.
• 19:55
  Speaker 5: Again, well, look, if it depends on the client's pack
• 20:00
  Speaker 5: sual position. If she needs money and she can't afford
• 20:04
  Speaker 5: to wait and hold on to that judgment and watch
• 20:08
  Speaker 5: it accumulate for the day when he either leads Nigeria
• 20:13
  Speaker 5: or you find an asset, well, then she could wait
• 20:16
  Speaker 5: because it technically worth millions of dollars the longer he
• 20:19
  Speaker 5: doesn't pay it. On the other hand, you know, if
• 20:21
  Speaker 5: she's struggling to make ends meet, well, you know she's
• 20:25
  Speaker 5: going to have to be do the practical thing, and
• 20:26
  Speaker 5: that's dumped that house again, assuming there's a reasonable amount
• 20:30
  Speaker 5: of equity in it, and assuming he's willing to, you know,
• 20:35
  Speaker 5: negotiate with her right now. He has no interest in
• 20:37
  Speaker 5: doing so. But yeah, it depends on what the client,
• 20:42
  Speaker 5: what the client's position.
• 20:44
  Speaker 3: Is, and we don't know that several people have implied
• 20:50
  Speaker 3: or alleged that this is too extensive of a property
• 20:54
  Speaker 3: for her to maintain, even on her Bravo Countless Ventures
• 21:00
  Speaker 3: branding deals. If she decides that, hey, he's not fulfilling
• 21:08
  Speaker 3: his obligations, I'm going to take over the mortgage payment.
• 21:13
  Speaker 4: I'll settle it.
• 21:14
  Speaker 3: Can she force or buy his question from him all
• 21:20
  Speaker 3: the debt that he's accumulated.
• 21:22
  Speaker 5: Sure, In other words, you know that just as he
• 21:26
  Speaker 5: has an incentive not to pay this, uh, her paying
• 21:31
  Speaker 5: that monthly mortgage and monthly expenses really ends up in
• 21:35
  Speaker 5: his pocket because it's contributing to the to the equity, right,
• 21:39
  Speaker 5: and who knows how that's going to play out. So
• 21:42
  Speaker 5: you know, look, you know, should she do that? No,
• 21:46
  Speaker 5: she's got to dump this place. That's the reality. I mean,
• 21:49
  Speaker 5: it's there's no, that's the asset. We keep going back to,
• 21:53
  Speaker 5: how do you enforce the matrimonial decree? It's in effect
• 21:56
  Speaker 5: the judgment call it agree, but it's a judgment, right
• 22:00
  Speaker 5: enforce it. He can only enforce it rationally on assets
• 22:03
  Speaker 5: that he has an interest in here in the United States.
• 22:07
  Speaker 5: That's the way to do this. That That really is
• 22:09
  Speaker 5: her only alternative. I wish there were others, but that's
• 22:12
  Speaker 5: really it.
• 22:13
  Speaker 4: Yeah, because he can skip town, but he can't skip his.
• 22:16
  Speaker 5: Accountability absolutely eventually.
• 22:20
  Speaker 3: Right, she's living the harsh reality of his obligations now
• 22:26
  Speaker 3: are in theory. But her obligations to the property, because
• 22:31
  Speaker 3: her name is on it, her credit can be affected
• 22:35
  Speaker 3: by the lane's lack of payment.
• 22:39
  Speaker 2: We don't know for sure that, but can it that's
• 22:42
  Speaker 2: a good question. Can it becomes the house of done
• 22:45
  Speaker 2: her name.
• 22:46
  Speaker 5: Yeah, sure, but look it's it can because she has
• 22:50
  Speaker 5: an interest in the property, and when that property is foreclosed,
• 22:57
  Speaker 5: she's the one who's going to be in it, right,
• 22:59
  Speaker 5: She's the one who's going to get kicked out. She's
• 23:01
  Speaker 5: the one they're going to drag out while the marshalls
• 23:04
  Speaker 5: go in and the sheriff goes in and takes over
• 23:05
  Speaker 5: the property and they take all the contents and all
• 23:08
  Speaker 5: the belongings and so on and so forth. So I
• 23:11
  Speaker 5: don't know if her name is actually on the d
• 23:14
  Speaker 5: but still she's going to go down as the wife
• 23:18
  Speaker 5: of the guy who's you know whatever, seven million dollar
• 23:21
  Speaker 5: mansion was seized, and it's not a good position to
• 23:24
  Speaker 5: be in.
• 23:25
  Speaker 4: I do believe her house is on.
• 23:28
  Speaker 5: The d Like, if her name is on the deed,
• 23:32
  Speaker 5: then she's she's responsible. It's the mortgage on her, correct,
• 23:37
  Speaker 5: She's one. I mean, for the most part, you're your
• 23:39
  Speaker 5: tenants by the entirety. If you're married, you know, you
• 23:42
  Speaker 5: get automatic rights to each other's if you somebody else
• 23:46
  Speaker 5: house dies or something. But yeah, she's gonna she's gonna
• 23:49
  Speaker 5: be a responsible she's gotta she's gotta dump the place again,
• 23:51
  Speaker 5: unless there are some secret assets there. She's got a
• 23:55
  Speaker 5: private investigator who's tracking down Simon's asset as we speak.
• 24:00
  Speaker 5: But again, I mean, but that's what I would advise
• 24:02
  Speaker 5: the client to do. But that quests money. Now, finding
• 24:04
  Speaker 5: a financial investigator to track down assets is a really
• 24:10
  Speaker 5: expensive proposition.
• 24:13
  Speaker 3: And it's not like Simon is hiding. If he's hiding,
• 24:17
  Speaker 3: he's hiding in plain sight. He's in Dubai with his youngest.
• 24:20
  Speaker 2: Daughter right now.
• 24:22
  Speaker 3: He's all over social media, so he's actively letting you
• 24:26
  Speaker 3: know what he's doing. And it's very clear from these
• 24:30
  Speaker 3: lians what he's not doing.
• 24:35
  Speaker 5: It's one way to put it. That's right. He's not
• 24:38
  Speaker 5: saying he's not saying his death absolutely a deadbeat. I mean,
• 24:42
  Speaker 5: let's face it, he's walking away from the woman he
• 24:45
  Speaker 5: married and the woman he promised the life too and
• 24:48
  Speaker 5: promised a and he's just simply walking away from it
• 24:50
  Speaker 5: because he doesn't like the result of the judgment. That's
• 24:53
  Speaker 5: not how things work. He doesn't like the fact that
• 24:55
  Speaker 5: he had a prenuptial that was enforced, doesn't like the
• 24:58
  Speaker 5: fact that the court order. You know, that's it's not right.
• 25:02
  Speaker 5: But he's showing the world. Hey, I don't care, come
• 25:06
  Speaker 5: get me. You know where I asked a known scammer.
• 25:11
  Speaker 3: I hate to say this now, but no, it's like
• 25:15
  Speaker 3: everything that he read we read about him, from the
• 25:19
  Speaker 3: very first episode of Reality Crime Stories, the deportation fiasco,
• 25:27
  Speaker 3: the fraud to get back into the US, to the
• 25:32
  Speaker 3: scam allegations.
• 25:34
  Speaker 5: To the just all of it.
• 25:36
  Speaker 2: It's well, that's the joy of it, right.
• 25:39
  Speaker 5: The joy of is he he get all this sympathy
• 25:42
  Speaker 5: because he was held in detention for several months and
• 25:45
  Speaker 5: now all of a sudden, folks that don't realize, wait
• 25:48
  Speaker 5: a minute, he was able as a result of that,
• 25:50
  Speaker 5: he was able to get out from under a seven
• 25:52
  Speaker 5: million dollar a judgment against them. Not that, Carl, that's
• 25:58
  Speaker 5: a thing.
• 25:59
  Speaker 2: Yeah. How do you.
• 26:01
  Speaker 3: Feel about how Porstia's publicly handling this?
• 26:06
  Speaker 1: Well, look, I think the fact that she has allowed
• 26:09
  Speaker 1: the chatter to.
• 26:12
  Speaker 2: Be the bloggers and not necessarily her.
• 26:16
  Speaker 1: They are filming the new season of Atlanta Housewives that's
• 26:20
  Speaker 1: been widely reported, so possibly we get to hear about
• 26:24
  Speaker 1: this on the upcoming season. But I think in terms
• 26:27
  Speaker 1: of her silence, I think that's and I'm sure any
• 26:32
  Speaker 1: lawyer would say it's best to not say anything to
• 26:34
  Speaker 1: something at all. So, unlike Simon, who is doing interviews,
• 26:38
  Speaker 1: Portia hasn't said much about the latest discovery. And look,
• 26:44
  Speaker 1: it is one of those things where I do want
• 26:46
  Speaker 1: to ask you this, Steve. If Simon fails to pay
• 26:50
  Speaker 1: any of the mortgage in this home, although it was
• 26:54
  Speaker 1: granted by the judge, he should, what happens to him.
• 27:00
  Speaker 2: I don't want to pay any mortgage fees. I don't
• 27:02
  Speaker 2: feel like doing that.
• 27:04
  Speaker 5: Probably nothing, because if there's enough equity in the house. Uh,
• 27:10
  Speaker 5: then the bank is just going to foreclose sell the property.
• 27:14
  Speaker 5: And the difference between what they get for the house
• 27:18
  Speaker 5: and what is oh, they'll just simply write off is
• 27:20
  Speaker 5: a bad debt and you take a tax deduction on that,
• 27:23
  Speaker 5: and most banks are very happy about it. And once
• 27:25
  Speaker 5: you write it off, that's it. It's no longer enforceable. Uh.
• 27:30
  Speaker 5: And and theoretically, if he was in the US, you'd
• 27:33
  Speaker 5: have to include that write off on his tax return
• 27:36
  Speaker 5: because it's income. If you will, you know that the
• 27:39
  Speaker 5: satisfaction of the debt is income or the whether or
• 27:43
  Speaker 5: the destruction of the debt. So that's what the bank
• 27:47
  Speaker 5: would do. They're not going it come it's not worth it.
• 27:48
  Speaker 5: We're going to pursue them in New Jersey. They're going
• 27:50
  Speaker 5: to take a write off and be better and be
• 27:53
  Speaker 5: better for it.
• 27:54
  Speaker 3: Really, ask this one question, because you just raise a
• 27:57
  Speaker 3: good point. If he but if they can't find him
• 28:02
  Speaker 3: and they're not going to pursue looking for him to
• 28:04
  Speaker 3: pay the debt, does Porscha now have the right to not.
• 28:10
  Speaker 4: If she says she sells the house, does she have
• 28:12
  Speaker 4: the right to not pay him? And unless she can't
• 28:16
  Speaker 4: find him.
• 28:17
  Speaker 5: It depends on what It depends on what's in the decree.
• 28:22
  Speaker 5: But if there's any ambiguity, what you'd go go, you know,
• 28:25
  Speaker 5: in a few months from now, say, and if they
• 28:27
  Speaker 5: were still not making the payments, you'd go back to
• 28:30
  Speaker 5: the judge and say, look, he's not complying with your obligation.
• 28:34
  Speaker 5: The only thing I had choice I have now is
• 28:35
  Speaker 5: to sell the house, get the aquity equity out of it.
• 28:38
  Speaker 5: May I have permission to sell it now and deduct
• 28:42
  Speaker 5: what he hasn't paid me from his fifty percent of
• 28:44
  Speaker 5: The judge I'm sure would approve. And the sooner they
• 28:47
  Speaker 5: do that the better.
• 28:49
  Speaker 2: Okay, So they approve it.
• 28:51
  Speaker 4: She gets the check, she's supposed to legally say.
• 28:56
  Speaker 2: She gets eight, she makes eight million.
• 28:58
  Speaker 3: Dollars, right, and he's entitled to four minus whatever debt
• 29:03
  Speaker 3: he owes that he didn't pay.
• 29:06
  Speaker 5: If they clear eight public.
• 29:09
  Speaker 3: If they clear eight, she takes her four. There's three
• 29:14
  Speaker 3: if it.
• 29:15
  Speaker 5: Left, if she's if she's made whole and there's something
• 29:20
  Speaker 5: left in the residuary of the sale, yeah, then he'd
• 29:23
  Speaker 5: be Entitledho was fifty he do the numbers, forty five
• 29:27
  Speaker 5: hundred thousand dollars an alimony for fourteen months. Let's say
• 29:30
  Speaker 5: that you know you're going to forget the expenses because
• 29:33
  Speaker 5: you're going to sell the price. You know, if there's
• 29:35
  Speaker 5: anything left, he gets a piece of it. Yeah.
• 29:39
  Speaker 3: Sure, Why she can't find him, like he's disappeared in
• 29:44
  Speaker 3: plain sight? Is it her obligation to try to find
• 29:49
  Speaker 3: him to pay him the money from for his seller,
• 29:52
  Speaker 3: I mean for his share of the house.
• 29:55
  Speaker 5: Well no, Look the way the closing, the closing would
• 29:58
  Speaker 5: work would be whatever's left would be held in the
• 30:03
  Speaker 5: closing attorney's escroyd count and they reach out to them saying, hey,
• 30:07
  Speaker 5: we got to we got a million dollars for you.
• 30:09
  Speaker 5: Where do we send it? I can you can be certain.
• 30:12
  Speaker 5: Simon would say, here are the wire transfer information. You
• 30:16
  Speaker 5: would be gone in a minute if there's anything left.
• 30:21
  Speaker 5: If there's anything left.
• 30:24
  Speaker 1: This is this is beyond fascinating because again it sort
• 30:27
  Speaker 1: of shows you the strategy that goes into play when
• 30:31
  Speaker 1: you're dealing with marriage that has gone through divorce, allegations
• 30:38
  Speaker 1: of scamming, international play.
• 30:40
  Speaker 5: Here.
• 30:42
  Speaker 2: I I'm therown away by exactly what I mean, blown away.
• 30:47
  Speaker 2: Excuse I'm blown.
• 30:48
  Speaker 1: Away by exactly the details Steve, because I'd expect any
• 30:52
  Speaker 1: of this. I'm actually shocked by the revelation and the strategy.
• 30:58
  Speaker 1: But again that's why people like Steve make all the
• 31:00
  Speaker 1: big box. It is a very is what you said.
• 31:06
  Speaker 1: It's all about who's the smartest in the room. And
• 31:09
  Speaker 1: that's what I got from this this time episode.
• 31:11
  Speaker 5: Yeah, look, I don't know if it's all about smart
• 31:13
  Speaker 5: it's about taking advantage of the opportunity that came up.
• 31:16
  Speaker 5: Whoever got him into ice lawyer said to him, get
• 31:20
  Speaker 5: the hell out, you walk away from this, you'll be
• 31:22
  Speaker 5: better off for it. And just taking advantage of the
• 31:25
  Speaker 5: of the factual situation is what he's doing. Now. Who
• 31:28
  Speaker 5: could play that?
• 31:30
  Speaker 2: My last question.
• 31:32
  Speaker 1: Based on that, based on the fact that him being
• 31:37
  Speaker 1: called by caught by ice benefit of him in the
• 31:40
  Speaker 1: long run, well in the short run, because this is
• 31:42
  Speaker 1: happening now, could Simon have called ice on himself?
• 31:47
  Speaker 5: You know what you've said, I wouldn't be surprised. I mean,
• 31:51
  Speaker 5: I wouldn't be surprised if it was some sort of
• 31:53
  Speaker 5: a plan. Right, although again, rather than spending four months,
• 32:00
  Speaker 5: other than spending four months in iced attention, I would
• 32:03
  Speaker 5: have just gone back to Nigeria.
• 32:05
  Speaker 1: That's true, Okay said, Well, you know, he has.
• 32:11
  Speaker 3: An ego, so he probably never suspected he retained for
• 32:18
  Speaker 3: that long though, so it could have been that it
• 32:21
  Speaker 3: backfired on him as well.
• 32:24
  Speaker 5: It could There only is one other theoretical.
• 32:29
  Speaker 4: Four million, potentially four million dollars would you have done
• 32:33
  Speaker 4: the time, Carlos, No, I spent four time.
• 32:42
  Speaker 5: I spend a lot of time in jail and I
• 32:44
  Speaker 5: can't wait to leave as soon as I get there.
• 32:47
  Speaker 5: So so how four months is a long time, especially
• 32:53
  Speaker 5: if you're in an ICED attention facility forget about? Yeah?
• 32:56
  Speaker 3: Yeah interesting, yeah, yeah, I'm pretty sure this is not
• 33:01
  Speaker 3: going to be the.
• 33:01
  Speaker 2: Last, right right, Here's.
• 33:05
  Speaker 5: Please our folks anytime to joy to see you guys
• 33:08
  Speaker 5: will be on the show again anytime.
• 33:10
  Speaker 1: Oh, Corney, Courtney, Courtney, that that was a gag of
• 33:14
  Speaker 1: the gag, gag a gag.
• 33:15
  Speaker 3: So you asked a great question though, like did he
• 33:19
  Speaker 3: call ice on himself? We're gonna have to do some
• 33:22
  Speaker 3: investigating because you know this is not it. This is
• 33:25
  Speaker 3: not over with Simon. I know Porschas some were sitting saying,
• 33:31
  Speaker 3: I wish this was over for for for.
• 33:34
  Speaker 2: Me, yes, and I want to get going for her too.
• 33:38
  Speaker 1: It's a tough little swallow. It's like they never ending saga,
• 33:42
  Speaker 1: a divorce. But yeah, but like you said, who knows
• 33:48
  Speaker 1: what's next from this crazy story?
• 33:49
  Speaker 2: Who knows what's next?
• 33:51
  Speaker 4: And we'll be ready for part twenty five.
• 33:54
  Speaker 2: Yes we are. We are so rain drops.
• 33:56
  Speaker 1: Thank you for another episode of Reality Crime Stories with
• 34:00
  Speaker 1: Courtney Parker and look for the next one.
• 34:04
  Speaker 2: We will be back diving into.
• 34:06
  Speaker 1: More stories from our favorite stars in the reality world.
• 34:10
  Speaker 2: Thank you, Courtney.
• 34:15
  Speaker 1: Reality with the King is executive produced by me Carlos King,
• 34:20
  Speaker 1: produced by Lizzie Nimitz, and a partnership.
• 34:23
  Speaker 2: With The Lack Effect Network.
• 34:26
  Speaker 1: You can also find us on my YouTube channel at
• 34:29
  Speaker 1: the Carlos King Underscore