Lawyer Of Homeless Vet Says All Of The $400,000 GoFundMe Money Is Gone

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Lawyer Of Homeless Vet Says All Of The $400,000 GoFundMe Money Is Gone

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It's been a whirlwind year for Johnny Bobbitt Jr., but unfortunately his inspiring story doesn't have a happy ending.

The homeless veteran made headlines across the nation when news of his selfless deed came to light.

Kate McClure was stranded on the I-95 after her car ran out of gas. Bobbitt noticed her distress, and spent his last $20 for fuel on her car.

Touched by his act of kindness, she and her boyfriend Mark D'Amico created a GoFundMe page in an effort to get Bobbitt a fresh start.

It raised more than $400,000, and everyone thought Bobbitt's life would change for the better.

Sadly, they were all wrong.

Bobbitt accused his former friends of withholding the donations, despite promises of trusts and retirement accounts, financial advisers and lawyers to help manage his newfound wealth.

He also claimed the couple spent some of the cash on themselves to fund their expensive vacations and a new BMW.

D'Amico denied Bobbitt's allegations, and told the Philadelphia Inquirer he'd give the former ammunition technician the money, which he said was "well over" $150,000, if he got a job and stops using drugs.

"Giving him all that money, it's never going to happen. I'll burn it in front of him," he said, adding that giving him the cash would be comparable to "giving him a loaded gun."

The couple's lawyer Ernest E. Badway told NJ.com that his clients had said they spent around $200,000 of the money on Bobbitt, which included giving him $25,000 upfront.

However, McClure and D'Amico allege Bobbitt spent the entire amount in only 13 days.

But, after a swift court battle against the couple, Bobbitt was rewarded the rest of the funds.

The judge sided with Bobbitt and ordered McClure and D'Amico to immediately hand over the donations to his legal team and put in a trust.

She also ruled that the pair needed to provide a full accounting of the money's whereabouts - only to find out there was nothing left.

"There is no money left. Where the money went, I have no idea," Bobbitt's lawyer Christopher C. Fallon Jr. told the publication, adding that his client is "completely devastated" over the revelation.

"That's a lot of money to go through to in just a short period of time," Fallon added.

The attorney said they have requested to review the couple's financial records, but is unsure when another hearing will be scheduled.

"We really have to take this one step at a time. We are going to follow up as best we can to follow where the money went," he said.

In a statement, GoFundMe revealed it had deposited $20,000 into an account created by Bobbitt's legal team for the sole purpose of the ongoing investigation.

"We are working with law enforcement officials to ensure Johnny receives all of the funds raised on his behalf" the company said.

"While we assist law enforcement with their ongoing investigation, GoFundMe is also working with Johnny's legal team to ensure he's receiving support while the remaining funds are being recovered."

[H/T: CNN, NJ.com]

Where do you think the money went? Let us know in the comments!

Maya has been working at Shared for a year. She just begrudgingly spent $200 on a gym membership. Contact her at maya@shared.com