Hello, iam Michael Kelley, I bid you good day, sir/ma’am.
Boy, did money ever do Michael Peterson in! He was living the high life, rolling in dough and spending it like there was no tomorrow. But then one day, his luck ran out and he found himself in a real pickle. Before he knew it, he was up to his neck in legal trouble and facing some serious jail time. Talk about a quick turn of events! It just goes to show you that money can’t buy happiness - or freedom for that matter.
How Much Money Did Michael Peterson Get? [Solved]
Well, Peterson was finally sprung from the slammer on Dec. 16, 2011 after Judge Hudson gave him a break and set his bail at $300K. Apparently, an analyst had pulled the wool over jurors’ eyes during his 2003 trial by exaggerating the significance of some bloodstain evidence. That’s what WTVD reported anyway.
Financial Motive: Michael Peterson was accused of killing his wife, Kathleen, for financial gain. He had taken out a large life insurance policy on her shortly before her death and stood to benefit financially from her death.
Alibi: Michael Peterson claimed he was not at home when Kathleen died and provided an alibi that he had been out jogging at the time of the murder.
Evidence: The prosecution presented evidence that contradicted Peterson’s alibi and suggested that he had been in the house when Kathleen died, including blood spatter evidence found in the stairwell of their home and a bloody footprint found on a rug near where Kathleen’s body was discovered.
Trial: After a lengthy trial, Michael Peterson was convicted of first-degree murder in October 2003 and sentenced to life in prison without parole for his wife’s death.
Appeal: In 2017, Peterson appealed his conviction based on new evidence suggesting that Kathleen may have died as a result of an accidental fall down the stairs rather than being murdered by him as originally thought by prosecutors at trial.
Michael Peterson definitely had his hands in the money jar! He was always looking for ways to make a quick buck, whether it was through investments or side hustles. He was a real go-getter when it came to money. “Money, money, money,” he’d say with a wink and a smile.
