$64,328.30. All of the embezzled funds were
deposited into the Debtors’ joint bank account at Bank of Kentucky. In 2004, she embezzled
$88,244.60 from Spaces, Inc. She deposited a little more than half of that money directly into the
Debtors’ joint account at Bank of Kentucky. The other half of the money was deposited first into
a bank account Patricia Cottingham opened in her own name at Fifth Third Bank. In 2005, she
embezzled $213,544.61 in cash. The money was initially placed in the Fifth Third Bank account and
was moved from there to the Debtors’ joint accounts or to pay the Debtors’ expenses. In addition,
Patricia Cottingham created a forged credit card account with Fifth Third Bank in the name of
Spaces, Inc. The bills for the forged credit card were sent to the Debtors’account alone exceeded their earned income. In total, Patricia Cottingham
embezzled $286,213.31 and the Debtors spent $391,731.16 from their bank accounts in 2006. The
funds were used in part to purchase a new Jeep Commander. Thomas Cottingham was present at
the time this purchase was made. Although he denied being aware of which bank accounts the down
payment for the Commander was drawn on, the Court found his testimony was not credible and
found that he knew that part of it came from the Fifth Third Account, just days after an embezzled
check was deposited therein. In addition, he knew that, as a result of the purchase of the
Commander, the Debtors incurred an ongoing monthly payment obligation of $666.72 per month.
Further, in mid-2006, the Debtors decided to purchase a house. With her husband’s knowledge,
Patricia