Money to be divvied up in Latham divorce case

Christopher and Nancy Latham

A middleman has been ordered to take charge of some of former banker Chris Latham’s money to pay his estranged wife, Nancy, and various court associated costs, according to a recent court filing in the divorce case.

The pair have been entangled for two years in a bitter divorce proceeding, in which each has accused the other of infidelity. Criminal charges were filed against Chris Latham in August, about four months after allegations were made of a plot to kill Nancy Latham, a Mount Pleasant real estate agent and state lottery official.

Chris Latham and four others were jailed in connection with the alleged plot and are jailed awaiting trial.

In the meantime, the divorce proceedings have continued in Family Court.

On Thursday, a judge issued an order that appointed a sequestrator who will take control of Chris Latham’s $99,000, which he identified as money he saved after the divorce was filed, the order stated.

In July, he was ordered to use that money to pay temporary support to his wife. The sequestrator is now ordered to use that money to pay unpaid and ongoing obligations to Nancy Latham, which had already been set in previous orders.

According to the order, the sequestrator is also ordered to liquidate the retirement and other investment accounts to pay the following: all fees associated with the sequestrator, $46,000 Chris Latham had previously received from Merill Lynch without permission from the court to be paid to Nancy Latham, $100,000 to both Chris and Nancy Latham as an advance to the marital estate and $13,641 to Nancy Latham for her attorney fees generated since July 15.

Chris Latham’s attorney, Robert Rosen, and Nancy Latham’s divorce attorney, Tim Madden, could not be reached for comment Friday.

The alleged murder-for-hire plot came to light in April. Charged were 38-year-old Samuel Yenawine of Louisville, Ky.; Yenawine’s ex-wife, 37-year-old Wendy Annette Moore, identified as Chris Latham’s girlfriend and former assistant at the bank; Yenawine’s girlfriend, Rachel Palmer, 36, and Russell Wilkinson, 39, both of Louisville.

Yenawine hanged himself June 25 inside his cell at the Georgetown County jail. The others remain in jail.

Reach Natalie Caula at 937-5594 or Twitter.com/ncaula.

Comments { }

Postandcourier.com is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Postandcourier.com does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not postandcourier.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full Terms and Conditions.