Colorado dentist James Craig accused of poisoning wife was $2M in personal debt
The Colorado dentist charged in his wife’s poisoning dying experienced critical economic trouble — from heading bankrupt, to gambling difficulties to losing huge in crypto, according to documents acquired by The Write-up.
James Craig racked up $2 million in personalized financial debt though his dental enterprise was shedding about $120,000, in accordance to his Chapter 11 bankruptcy scenario, which was finalized in July.
The cash woes acquired so terrible, his observe unsuccessful and he was pressured to promote it off.
All this came as the 45-year-old’s spouse, Angela, 43, had three lifetime insurance policy insurance policies out on her when she died on March 18 in the medical center from a dose of poison that her husband allegedly gave her.
Prior to his wife’s passing, the Aurora, Colorado, dentist ordered lethal poisons on the internet, following exploring Google to learn if arsenic was detectable in an autopsy, authorities declare.
He allegedly gave his unsuspecting spouse, the mother to his 6 little ones, potassium cyanide by mixing it into her work out smoothies.
In accordance to law enforcement information, Craig was declaring his like and devotion to Angela in her last times, while also flying in his Texas mistress to have on his affair though Angela was dying.
The other female, Karin Cain, is a married orthodontist from Marble Falls, around Austin, who assumed she would be starting off a new lifetime with Craig at some issue, according to law enforcement records.
In August 2022, Craig’s apply was acquired by Ryan Redfearn, who went to dental university with Craig and experienced recognised him for 20 decades.
“Ryan explained James as a chance taker and uncovered out he had filed for personal bankruptcy in 2021 and was on the verge of bankruptcy once again,” the disgraced dentist’s arrest report states.
“Ryan also said that in January, James confided in Ryan, telling him that he and Angela were having marital troubles.”
Regardless of reporting an earnings of $778,107 in 2019 and living in a $1 million house in Denver’s suburbs that he had compensated off, Craig borrowed against the home in 2019 — with a financial loan for $675,000 and a 2nd for $242,697.
But his debt was mounting, with $314,998 owed in back again taxes to the IRS, $750,000 of other money owed, and far more than $200,000 that had to be compensated again to credit score playing cards.
Moreover, Craig invested in a few different cryptocurrencies wherever he missing money.
He also attempted to use crypto to fork out off credit card debt, the paperwork say.
3 everyday living insurance plan guidelines for Angela are also outlined in the paperwork, a single with a value of $80,778.90 and two some others without having a acknowledged worth.
Right before her dying, Angela told her sister that Craig had “run the dental workplace into the ground” and that their finances were being dire — adding that on a latest excursion to Las Vegas, he experienced gambled away more than $2,000.
Craig is charged with first-degree murder is envisioned back in court April 7.