
in 2014, Stapp appeared in a now-infamous, and unsettling, Facebook video, saying that he was penniless and staying at a Holiday Inn, as recounted by Rolling Stone. His bank accounts had been seized, he'd moved into his truck, and he'd been left with nothing. Eight weeks prior, he said, he'd conducted some audits and "... a lot of things were uncovered. A lot of money was stolen from me, or royalties not paid, and that's when all hell began to break loose." Per Daily Mail, Stapp had once been worth $10 million, but eventually, due to the vague monetary shenanigans recounted by Stapp, which also included stolen passwords and money secretly transferred out of his accounts, the IRS froze everything he had.
Days prior, Stapp's wife, Jaclyn, a former Miss New York USA, petitioned for divorce, saying that her husband had been "doing so much amphetamines, crystal meth and steroids that he has become a paranoid shell who has threatened to kill himself and harm his family." In fact, Stapp did try to commit suicide in 2006 by jumping from a building, and according to Billboard, was found by rapper T.I. groaning on the ground. Since then, though, Jaclyn has stuck with Stapp, and the two remain married.
In the end, we can assume that Stapp's decades of mental instability and drug abuse played some role in him going broke. We might never know precise details, however, beyond conjecture.
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