He has been spending lavishly for years. Sean mentioned Pete makes half a mil to a mil a year and a lot of his travel is a business expense depending how they have it set up."Less trashy" is debatable.
He was never as well off as he wanted everyone to believe. Makes that one podcast about how he has "earned" everything he has via "hard work" so he deserves all these nice things and expensive trips a real slap in the face to his audience. I'd really like to know how one racks up nearly $1M on one credit card in just a few months. Unbelievable.
This million dollar (and the other two Amex cards) seems to he an anomaly where he somehow in less then 6 months not only racked up the debt but also didn’t pay any of it. I feel this is due to Pete having some issues that goes beyond financial. Especially if true he applied for the card behind John’s (who by their own admission runs all the numbers) back. 1 million in debt (plus the spend with cash and other cards, checks I am sure he had) just doesn’t add up. I don’t care how many cruises he took (and those with more experience with dcl can go back and piece together how many of those he went and approx spent and even then I assume some of all of it is a business expense), or how much tacky jewelry he rang up, it just doesn’t add up.
Maybe dvc but again we can see (since he loves to brag and we can look up the deeds) he really didn’t buy much in the past six months and he tends to finance those so he wouldn’t need to shell out so much (Monera even take credit cards?).
Is Pete doing this on purpose? There are cash flow issues within the companies (I mentioned before Pete is the best candidate to pin and declare bankruptcy amongst the owners) either DUT or one the dis subsidiaries (more likely as it strengthen johns claim that Pete acted alone)? We may never know.
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