Rags to riches…to rags again

John Roberts, from Edinburgh, won a massive £3.1million back in 1998.

But just three years later the security guard was penniless after blowing his money on cars, houses and luxury holidays.

One of his first big buys was a massive Tudor mansion in Blackpool, which he moved his wife, Linda, and five children into.

The five-bedroom detached home was worth around £160,000 when he bought it – and was a far cry from their council flat in Pilton, Edinburgh.

The seaside house was called Balmoral, after the couple’s favourite Scottish beauty spot.

In 2001, John moved out of the home and moved in with his cousin. At that time, it was worth £250,000

John is now rumoured to be living on handouts from friends and family after his marriage fell apart, and was said to be living in a caravan at one time.

This post first appeared on thesun.co.uk

You May Also Like

TK Maxx shoppers go wild for rare KitKat flavours branded ‘by far the best’ never officially released in the UK

EAGLE-EYE shoppers have spotted rare KitKat flavours on the shelves in TK…

Parents warned against using ‘buy now, pay later’ to buy Christmas presents by debt charities

DEBT charities are urging shoppers against using “buy now, pay later” this…

St James’s Place is hit by investor backlash

St James’s Place (SJP) has been blasted by one of its shareholders…

How are unemployed people supposed to retrain when the Tories cut training? | Polly Toynbee

A joblessness crisis is here. But despite its promises, the government is…