Former Democratic Presidential Candidate John Edwards was indicted last week on charges of Conspiracy. John Edwards was released on his own recognizance but is required to surrender his passport and remain within the US. If John Edwards is found guilty on all six counts of conspiracy he could face up to 30 years in Prison and be penalized with a maximum fine of $1.5 million.
John Edwards is accused of using campaign donations to provide financial support his Mistress, with whom he fathered a daughter. He is also accused of accepting over $900,000 worth of bribes to conceal facts about his affair, his Mistress, and his illegitimate daughter.
Although a sexy scandal is a career killer for politicians, celebrities, and businessmen, it is proved to be a financial windfall and an instant ladder to stardom for the Mistress. John Edwards is only the latest public figure to be caught in a sexy scandal with a Mistress. Although the media attention has been an embarrassment for John Edwards, it has been a financial golden ticket for the Mistress and her daughter.
John Edwards stated to MSNBC that “(He has) been providing financial support for (his daughter) and (he has) reached an agreement with her mother (the mistress) to continue providing support in the future.” It is reported that John Edwards is paying approximately $18,000 per month in child support to his former mistress. John Edward’s Mistress was formerly a videographer on his Presidential campaign.
The many Mistresses of Tiger Woods, which included a Porn Star, caused him to lose his wife and kids as well as almost half of his fortune in the divorce settlement. The first and possibly the most famous Tiger Woods Mistress is Rachel Uchitel. She received an estimated $10 million in exchange for a confidentiality agreement, which forbids her to discuss the details of her affair with Tiger Woods.
The $10 million payout from Tiger Woods is only the beginning of Rachel Uchitel’s financial windfall. Before being named as one of Tiger Woods Mistresses Rachel Uchitel was a nightclub manager and VIP hostess. Since being named as the first Tiger Woods Mistress Rachel Uchitel has landed business deals with Playboy and a $500,000 deal to appear on VH1.
Let us not forget the infamous Ms. Ashley Dupre. Although you may not know her by her real name, you may better know her as the Call Girl in the Eliot Spitzer case. Ashley Dupre was a prostitute before becoming involved in the Eliot Spitzer scandal.
Since this sexy scandal was released into the media Ashley Dupre has appeared on the popular TV Show The View, she was featured in a Girls Gone Wild video, and she has been offered $1 million to pose for Hustler magazine. Ashley Dupre currently writes a sex column in the New York Post.
I believe that the financial lesson to be learned is that if you are going to have an affair it is better to be the Mistress, because the Mistress always comes out on top (sorry I couldn’t resist).
Photo by Illusive Photography