Defense Attorney Says, "Koula Had Money"
Friday, June 15th, 2012 -- 3:14 PM
"-There were no payments that weren?t being made."That was the statement made by Eric Koula's attorney during his trial.
On the day his parents were killed, Debra Thompson, a defense expert and forensic accountant, said Koula had about $247,000 in assets, including his house and cars, and $158,000 in liabilities.
Koula's attorney also pointed out that his client was current on bills and credit card payments on May 21, 2010, though he owed more than $34,000 on five accounts. He paid his May 2010 mortgage payment a month early.
Koula had $1,100 available via a cash advance on his Discover card and could have asked family for money if he needed it, Koby argued.
His mother-in-law gave Koula and his wife $40,000 in August 2010, after he was jailed for homicide.
Prosecutors argue Koula was facing a failing day trading career.
However, defense witness Glenn Johnson said, he profited on more than 60 percent of his trades, passing a benchmark in the profession to be considered a successful trader.
Feel free to contact us with questions and/or comments.