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  1. #1
    Join Date
    Jan 2007
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    66

    Peterson's Money

    He has....
    - A nice house
    - 6 kids
    - wife didn’t work
    - a $20,000 plane (and it cost a lot to fly)
    - claims to have had $25,000 in the safe
    - a motorcycle
    - RV
    - Pool
    - Anything I may have left out?


    But even before the death of Savio, he paid to put Stacey up in an apartment, bought her a car, furniture, and within the marriage, he claims to have purchased high end jewelry for her, tummy tucks, breast implants, braces, hair implants, etc. etc.

    He said that life insurance from Savio went into a protected fund for the children, so did he get any of it? Some of it?


    He has retired as a Sergeant, and just from what I know about law enforcement, his life style doesn’t match his salary.








  2. #2
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    Jan 2007
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    in a van down by the river
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    I've wondered about that, too unless he invests. He did own businesses, and maybe with the sale of them he made some cash.

  3. #3
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    Jun 2007
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    I don't have a link, but another poster found out that Drew made about 92,000.00 a year. He resigned with a pension of 6000.00Mo/72,000.00YR.

  4. #4
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    Nov 2007
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    Quote Originally Posted by SuziQ View Post
    I don't have a link, but another poster found out that Drew made about 92,000.00 a year. He resigned with a pension of 6000.00Mo/72,000.00YR.
    Is $92,000 a year a normal salary for a desk sargeant at retirement age?
    I've been doing research and it seems that the average salary for a policeman of his rank is around $50,000 at the end of their career.

    I'm wondering- Does this town have a higher than average pay scale or has the mayor given Peterson special raises?

  5. #5
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    Jun 2007
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    Quote Originally Posted by SeekingJana View Post
    Is $92,000 a year a normal salary for a desk sargeant at retirement age?
    I've been doing research and it seems that the average salary for a policeman of his rank is around $50,000 at the end of their career.

    I'm wondering- Does this town have a higher than average pay scale or has the mayor given Peterson special raises?
    It doesn't seem right does it?

  6. #6
    Join Date
    Apr 2005
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    Quote Originally Posted by SuziQ View Post
    I don't have a link, but another poster found out that Drew made about 92,000.00 a year. He resigned with a pension of 6000.00Mo/72,000.00YR.

    ~snip
    his monthly retirement stipend, effectively allowing him to resign and rake in three-fourths of his $97,083.38 annual salary for the rest of his life. He will be paid $6,067.71 a month starting in December.

    http://tinyurl.com/29ts2v

  7. #7
    Join Date
    Nov 2007
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    TG,
    I believe the facts as stated. I am questioning if it is usual and average for a desk sargeant to retire making right at $100,000/annually or if DP had a friend in high places ( mayor) who helped get special raises for him.

    The people I have known who were married to people in LE had a very modest lifestyle.. even the chief of police's wife.

  8. #8
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    Jun 2007
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    Quote Originally Posted by Tom'sGirl View Post
    ~snip
    his monthly retirement stipend, effectively allowing him to resign and rake in three-fourths of his $97,083.38 annual salary for the rest of his life. He will be paid $6,067.71 a month starting in December.

    http://tinyurl.com/29ts2v
    Thanks!

  9. #9
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    Jun 2007
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    Quote Originally Posted by SeekingJana View Post
    TG,
    I believe the facts as stated. I am questioning if it is usual and average for a desk sargeant to retire making right at $100,000/annually or if DP had a friend in high places ( mayor) who helped get special raises for him.

    The people I have known who were married to people in LE had a very modest lifestyle.. even the chief of police's wife.
    Many people in LE including Feds qualify for public assistance. I don't get either how Drew was able to collect that much. I am glad that the Chief is going after Drew.

  10. #10
    Join Date
    May 2007
    Location
    Chicago, Illinois
    Posts
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    I just read an article stating that Kathleen Savio questioned how Drew could afford to buy a new $200,000 home with Stacy just down the street from their former home he shared with Kathleen, which was also $200,000.

    This was before she died, before he received any money from their divorce settlement.


  11. #11
    Join Date
    Aug 2003
    Location
    USA
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    Hmmm, this is NEW information to me. I had thought his plane and toys came AFTER the insurance settlement from Kathleen's death.

    I am still playing catch up on the case.

    Something is smelling here.

    Earlier things I had read inferred that DP had allowed drug sales in his BAR, when he owned that. Wonder how deep into the drug business he actually MIGHT have still been????????

    I would like to know what type of funds were used for the 'real estate closing on 'the' house for Stacy? Can someone on WS dig up that information from the Title Company that handled the closing? Could the purchase have been from a "For Sale By Owner", with owner of 'the' house carrying the loan paper?

    I don't subscribe to any investigative search services, anyone else up for this?

    .
    .
    Opinions expressed by me, are mine, based on life experience, and known facts of any given case.





    """I am just a pixel in the universal plan."""

  12. #12
    Join Date
    Aug 2003
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    7,189
    I believe that there was more than one insurance policy and he owned a STRING of businesses -- somewhere buried in one of the threads gives a partial list of the estate.

    Seriously, unless he received a large inheritance from family member or was a genius at investments, it makes no sense that he could accumulate everything that he did ... makes you think he was either taking bribes or laundering money.

  13. #13
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    Quote Originally Posted by Camper View Post
    Earlier things I had read inferred that DP had allowed drug sales in his BAR, when he owned that. Wonder how deep into the drug business he actually MIGHT have still been????????.
    And I'm sure he didn't do that for free. According to Ric, the bar, IIRC, was 40 miles from BB. It was far away from prying eyes.

  14. #14
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    Aug 2003
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    Quote Originally Posted by golfmom View Post
    I believe that there was more than one insurance policy and he owned a STRING of businesses -- somewhere buried in one of the threads gives a partial list of the estate.

    Seriously, unless he received a large inheritance from family member or was a genius at investments, it makes no sense that he could accumulate everything that he did ... makes you think he was either taking bribes or laundering money.
    The thing that gets me is that DP was a full time police officer, skirt chaser (that does take time), father to several children (2 of them young- also time intensive), pilot AND a business owner. How could he juggle all that?
    Many times, I've thought I'd like to own a business, but the practical side of me knows that it would be a very time consuming endeavor, plus I have no formal education in "business". How did Drew do all of that? Had he been to college? (forgive me that I missed that)
    What a lucky man to keep all those balls in the air, PLUS succeed at his business(es)!

  15. #15
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    Aug 2003
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    Quote Originally Posted by SuziQ View Post
    And I'm sure he didn't do that for free. According to Ric, the bar, IIRC, was 40 miles from BB. It was far away from prying eyes.
    Maybe this is the answer to my post above. Wow...what a prince of a guy!

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