Lee Boyd Malvo is a convicted murderer who, along with John Allen Muhammad, committed murders in connection with the Beltway sniper attacks in the Washington Metropolitan Area over a three-week period in October 2002. Currently, he is serving multiple life sentences at Red Onion State Prison in Virginia, a supermax prison. Muhammad was executed in 2009. Although the two men's actions were classified by the media as psychopathy attributable to serial killer characteristics, researchers have debated whether or not their psychopathy meets this classification or that of spree killing. In 2012, Malvo claimed that he was sexually abused by Muhammad.
The Beltway sniper attacks turned out to be the last of a series of shootings across the United States connected to these individuals which began on the West Coast. Muhammad had befriended the juvenile Malvo and enlisted him in the attacks. According to Craig Cooley, one of Malvo's defense attorneys, Malvo believed Muhammad when he told him that the $10 million ransom sought from the US government to stop the sniper killings would be used to establish a Utopian society for one hundred and forty homeless black children on a Canadian compound.
Not all celebrities have fame and fortune, some are just famous – and in a ton of debt. They came from rags to riches, then went back to rags. Whether they’ve filed bankruptcy, ended up in court, or just can’t stop spending, celebrities mismanage their money just like everyone else. They just hide it well.
50 Cent coined the term “wanksta,” then “partied like it was his birthday” until he filed Chapter 11 bankruptcy in 2015. The rapper was said to be anywhere between $10 million and $50 million in debt. In 2016, a federal bankruptcy court judge in Connecticut approved a plan for the founder of G-Unit to pay his debts back. He was able to get his bankruptcy discharged in February of the following year.
Following a 45-year-long career in Hollywood, acting in more than 70 films, actor Gary Busey found himself in more debt than he was worth. In 2012, it was reported that Busey owed between $500,000 and $1 million worth of debt, but only had $50,000 to his name. The 74-year-old actor owed money to hospitals, banks, the L.A. Waterworks District, and even a storage company. He filed Chapter 7 bankruptcy that same year. Despite his longstanding career in Hollywood, Busey's net worth is now only $500,000.
Burt Reynolds is still worth five million dollars, but his battles with debt date back more than 20 years. Between bad investments and a pricey divorce from actress Loni Anderson, the 1970s superstar had to deal with over $10 million in debt and decided to file Chapter 11 bankruptcy in 1996. While testifying in a 1994 custody hearing, the South Florida native said he spent $40 million getting through his divorce.
The former Hollywood bad boy, Charlie Sheen owes the IRS nearly $5 million. But that's not all. In 2016, his net worth was reportedly still as high as $150 million, but he was nonetheless $12 million in debt at the time – including mortgages, legal fees, and taxes. That same year, Debt.com reported Sheen owed nearly $300,000 on an American Express card alone.