Billionaire heiress abducted during her Friday morning run in Memphis

[Anonymous]

Anonymous wrote:

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Anonymous wrote:I thought Memphis was a really violent and poor town? They live in Memphis proper? Is there like a historic mansion ritzy sliver of town rich people still live in?

Public record shows they paid $600k for a charming 3k sq/ft cape cod style home a couple years ago. Pretty big money for Memphis. And not a home you can afford on just a pre-k teacher’s salary. Near the university and a couple golf courses, which seems like the concentrated pocket of wealth for the otherwise downtrodden city.

It’s really not. A simple Zillow search will show you hundreds of houses that sold for more (in many cases, much more) than $600k in the area immediately surrounding the University of Memphis in the past couple of years.

In what world is a $600k house big money? It doesn't seem like she had access to the family wealth, at least not much of it. She was the granddaughter - might have gotten caught up with the older gen and not trickled down to her.

In most of the U.S. Step outside your ultra privileged bubble once in a while.

So I’m Memphis, billionaires live in $600k 3000sf homes? No, I don’t think so. She didn’t have access to the family money (at least not much of it)

[Anonymous]

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Anonymous wrote:She's only an heiress if she inherited, or stands to inherit, money or position from her relatives.

On a different note, the company was relatively small for a long time. Revenue today is $3 billion but was $200 million in 1990. Through the seventies and most of the eighties it averaged about half that. Given the low margins in distribution and the low margins in hardware, we can assume this business has never thrown off a lot of cash. I would guess before the company's growth rate increased in the nineties, the company averaged about $3 million in distributable cash each year to its owners. And because the company was founded in 1847, there were probably a lot of owners splitting that.

Although the company grew 20x from the nineties until today, growth is costly, particularly for a distributor which can only grow by increasing inventory and service levels. In a low margin business, increasing inventory means tying up lots of cash. We can conclude that over the last thirty years, the owners decided to invest cash back into the business instead of taking it out in the form of distributions to owners. (It's also possible the company used debt to grow while maintaining payouts to owners, which would factor in to the next part).

Assuming the company is debt-free, the entire thing is worth about $2.5 billion today. But of course none of that is not liquid. I would guess all owners combined take out a total of at most about $20 million per year on a pre-tax basis (substantially all the cash has to be reinvested in the business in order to maintain rapid growth). Whether or not our 'heiress' gets any of those distirbutions depends on whether or not she was given an ownership stake in the business.

But until the business is sold, there is no way for any owners or so-called heirs to get money from the business outside of declared dividends.

Another source of potential wealth for Eliza would be anything left to her directly from her grandfather's estate. Presumably he saved and reinvested his distributions from the business over the decades and those in turn were distributed when his estate settled. However, given that she married her deadbeat loser husband about five year before he died, I would guess that the husband has zero financial incentive to have her dead because something tells me gramps locked that sh*t down when he saw she was marrying outside the family caste to a dude with dirty tats. She was worth far more alive than dead to him and it's not clear how much, if any, money was coming to her since there were no billions lying around.

You’re trying way, way too hard. The family is beyond loaded. This victim’s wedding was clearly several million dollars as documented by a local magazine.

Several million? You’re delusional.

Agree, looked more like a 75k-125k wedding to me. Beautiful, but no way it cost 1M+

Agree it likely wasn’t several million dollars, but it would have been a no expenses spared Memphis/southern society wedding with hundreds of guests. Wouldn’t surprise me if it was close to a million based on the pictures, description, and the families money.

the mother of the brides dress was likely 3k alone.

More like 6k for.the mom's designer dress.

[Anonymous]

[Anonymous]

Anonymous wrote:There was a woman and her large dog, pitbull I believe it was not long ago in ATL. I think you can’t ever be safe for sure animal with you or not nor defense weapon. It’s all chance and happenstance.

Relatives have some neighbors who let their small children walk their pitbulls. Or rather these pitbulls drag these kids around. No way they could control them. Some other breeds are almost as bad.

https://www.mirror.co.uk/news/uk-news/jogger-bitten-dog-hard-tooth-27846968

[Anonymous]

Anonymous wrote:It’s easy to become complacent about, especially if you’ve lived somewhere a long time. Eliza grew up in Memphis. I’m sure crime has worsened over the years. I sometimes take my daily walk after dark—especially in the winter when daylight hours are reduced. It’s similar to the boiling frog analogy. I’m experiencing the same thing in my own neighborhood. I’ve been safe here for years and tend to discount the increase in crime. I’m using this example to recalibrate my safety awareness.

+1. She had likely done this for years and felt comfortable in the environment. And long distance runners do have to get creative as to when they run since they are often going for hours and it gets hot early. No, it wasn’t safe for her to be alone in that area, she found that out. I understand how she got comfortable in a town that she knew like the back of her hand and believed something like this wouldn’t happen to her. It’s exceedingly rare for this to happen and it’s tragic that it did. Blaming and lecturing this woman for her runs doesn’t do her any favors now. A little empathy for a woman who was kidnapped and likely murdered is in order.

[Anonymous]

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Anonymous wrote:I’m having a hard time understanding why there’s more hatred being directed to the victim and her husband versus the monster who took her. Violent repeat offenders should be put to death.

Yep.

People blame the victim and say the crime could have been prevented if they had taken various steps, because they they can tell themselves, "I will never be randomly attacked because I don't run early in the morning." Just like when a woman is attacked in the evening in a parking lot, they say, "I will never be attacked because I don't go to that mall or wear an outfit like that, etc. etc."

Statistically, women are far more likely to be sexually assaulted and murdered by a person known to them--a partner, family member, or friend--than by a random attacked. But by focus on stranger attacks and the choices a woman could make to prevent that attack, people can feel safer. A woman can choose to wear long skirts and sleeves and refuse to go out without a male chaperone, and still end up attacked.

Women make varying choices about their activity and the choices they make do not cause them to deserve death.

Sure, anything can happen to anyone at any time. But are you trying to say a woman alone on the streets, in the wee hours of dark night/morning, in a high crime area is not more at risk than say, a woman out shopping at 3pm with her family in Bethesda?

You live in a denial bubble. I was kidnapped + assaulted by 2 dudes in broad daylight by strangers walking down a busy street. No one stopped to help. Stop blaming the victim. You are gross.

Of course you were.

[Anonymous]

Some potentially good news indicating she may be alive in that new charges have been filed for fraudulent use of debit/credit card and identity theft.

Given the perpetrators history of using his last victim for multiple, forced ATM withdrawals it is quite possible he kept her alive to repeat this pattern and then moved her to a secondary location in hopes of further victimizing her later. The police did act very quickly to apprehend him after the initial abduction, potentially before he had a chance to back to the second location.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

No one has said anyone deserves death. No one. Yes, some choices are safer than others. That is a fact. Why do you think colleges and universities advise students to have a "buddy?" Why do you think people have protective dogs? Why do you tjink some shopping centers have armed police in the parking lot? If you want to be out alone in the dark with no partner or other protection and feel safe doing it, then go ahead.

No, of course nobody said that, but they did say, ad nauseam, that she shouldn't have been out running early, alone, in running clothes. The implication is she has no one to blame but herself, she brought this on herself.

Except plenty of women DO run alone in the early morning and do so safely. The only person to critique here is the attacker. Sure, police and universities love to talk about the buddy system and avoiding going out at night alone, but that's only because shaming women's choices and making us feel responsible for what others choose to do to us is far easier than address the issue of violence against women by men.

PP here. I'm going to bet I'm a lot older than you and likely more conservative in my thinking about safety. I do walk almost every day (used to jog) in a large city. I would never do it alone in the dark, and I stick to trails and paths with lots of other people. I also have a large dog.

You live in a large city? Idiot. It's just a matter of time before something terrible happens to you. Why don't you move to a lower crime area? Anything that happens to you if live in an urban area is always your fault. Is that the lesson we've learned today?

[Anonymous]

This mugshot shows what look to be red scratches around the kidnapper’s right eye. Looks like Eliza put up a heck of a fight:

https://www.idahostatejournal.com/news/national/man-charged-in-jogger-abduction-kidnapped-attorney-in-2000/article_4dc3f3aa-eda2-5a78-a194-e4cd6c878f91.amp.html

[Anonymous]

Anonymous wrote:Some potentially good news indicating she may be alive in that new charges have been filed for fraudulent use of debit/credit card and identity theft.

Given the perpetrators history of using his last victim for multiple, forced ATM withdrawals it is quite possible he kept her alive to repeat this pattern and then moved her to a secondary location in hopes of further victimizing her later. The police did act very quickly to apprehend him after the initial abduction, potentially before he had a chance to back to the second location.

There was an abduction of a young woman in my town in broad daylight years ago. Once the perp couldn’t get any more money out of her ATMs, he killed her. The family didn’t know she was dead because he kept using her cards once he got the PINs.

[Anonymous]

Anonymous wrote:Some potentially good news indicating she may be alive in that new charges have been filed for fraudulent use of debit/credit card and identity theft.

Given the perpetrators history of using his last victim for multiple, forced ATM withdrawals it is quite possible he kept her alive to repeat this pattern and then moved her to a secondary location in hopes of further victimizing her later. The police did act very quickly to apprehend him after the initial abduction, potentially before he had a chance to back to the second location.

I’m glad this is potentially good news! I was not sure what it all meant. Thanks for the explanation.

[Anonymous]

Anonymous wrote:Most people are also missing the point if she was black of similar background and a runner, we would never hear word one about this! Think of all the ugly black children that get abducted and never make the news while the whole country is still talking about a dead cute blonde beauty pageant girl DECADES later.

Really, STFU ... victim.

[Anonymous]

Anonymous wrote:Some potentially good news indicating she may be alive in that new charges have been filed for fraudulent use of debit/credit card and identity theft.

Given the perpetrators history of using his last victim for multiple, forced ATM withdrawals it is quite possible he kept her alive to repeat this pattern and then moved her to a secondary location in hopes of further victimizing her later. The police did act very quickly to apprehend him after the initial abduction, potentially before he had a chance to back to the second location.

I hope you are right, but doesn't he need her wallet for that? That jogging pic looks like she wouldn't have her wallet (and it was 4:30am) and her cell, which could have had credit cards in it (like mine does) was found in the street. So she's got nothing on her. If I've missed something, let me know because I want to be hopeful.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Some potentially good news indicating she may be alive in that new charges have been filed for fraudulent use of debit/credit card and identity theft.

Given the perpetrators history of using his last victim for multiple, forced ATM withdrawals it is quite possible he kept her alive to repeat this pattern and then moved her to a secondary location in hopes of further victimizing her later. The police did act very quickly to apprehend him after the initial abduction, potentially before he had a chance to back to the second location.

I hope you are right, but doesn't he need her wallet for that? That jogging pic looks like she wouldn't have her wallet (and it was 4:30am) and her cell, which could have had credit cards in it (like mine does) was found in the street. So she's got nothing on her. If I've missed something, let me know because I want to be hopeful.

He likely ditched the phone and removed the credit cards from a phone wallet

[Anonymous]

Twitter post that new mobile command center set up outside Hamilton High in south Memphis..

https://twitter.com/BriaJonesTV/status/1566898043856863232?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1566898043856863232%7Ctwgr%5E5f46b242e1b963d2b2646ba254bbb2c3187b972d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.websleuths.com%2Fforums%2Fthreads%2Ftn-eliza-liza-fletcher-abducted-while-jogging-near-university-of-memphis-3.635544%2Fpage-12