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Old 07-05-2012, 07:51 AM
 
Location: San Antonio, TX
8,400 posts, read 20,085,334 times
Reputation: 4435

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It's been a while, but we have a Yuchnitz update!

Quote:
Yuchnitz divorce ends in split of assets

In stark contrast to February's nightmarish courtroom divorce saga, Mike and Tina Yuchnitz ended their marriage without tears or drama Tuesday, quietly dividing their property.

Testimony that Mike Yuchnitz, 59, had offered to pay a hit man $10,000 to kill his wife dominated February's trial. But on Tuesday, the couple agreed calmly to the terms of a jury-ordered 50-50 split of their community property, and state District Judge Larry Noll granted their divorce.

She gets vehicles and will buy out the optical business that her husband built and advertised in flashy TV commercials. He gets the house, other vehicles and two retirement accounts. They split the combined value of their jewelry — including $364,698 of Mike Yuchnitz's baubles — except for certain pieces that remain his and hers. He gets to keep his $14,000 earring, for example.

(The rest of the story--and pictures--at the title link! )
One aspect of the agreement is that Tina Yuchnitz maintains control of the My Econo $39.95 Optical stores, but she must buy the business—valued at the time of trial at about $2.3 million—from her ex-husband with the help of a loan. If she can't get a loan, control of the business will be renegotiated.

Among other things, Mike got the house and $150,000 worth of furnishings. His criminal trial is set to start on 10 August of this year.

What a freaking soap opera!

Cheers! M2
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Old 07-05-2012, 08:51 AM
 
Location: San Antonio
898 posts, read 1,242,040 times
Reputation: 771
Quote:
Originally Posted by majormadmax View Post
His criminal trial is set to start on 10 August of this year.
He always represented as a good person who was involved in the community and really cared about people. I wonder if the charges against him are true. It will be interesting to see what comes out at trial.
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Old 07-05-2012, 11:03 AM
 
Location: San Antonio, TX
8,400 posts, read 20,085,334 times
Reputation: 4435
Quote:
Originally Posted by chud View Post
He always represented as a good person who was involved in the community and really cared about people. I wonder if the charges against him are true. It will be interesting to see what comes out at trial.
Agreed, Yuchnitz is a retired Air Force Chief Master Sergeant, a rank limited to 1% of the total enlisted force. Not something easily achieved...

The whole affair has been one long-running drama, it would be nice if the truth came out but since this is being battled in several courts; I doubt it will be chrystal clear.

Still, I too have been following the developments with great interest!

Cheers! M2
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Old 07-05-2012, 11:46 AM
 
Location: San Antonio
7,628 posts, read 14,325,779 times
Reputation: 18705
Quote:
Originally Posted by majormadmax View Post
Agreed, Yuchnitz is a retired Air Force Chief Master Sergeant, a rank limited to 1% of the total enlisted force. Not something easily achieved...

The whole affair has been one long-running drama, it would be nice if the truth came out but since this is being battled in several courts; I doubt it will be chrystal clear.

Still, I too have been following the developments with great interest!

Cheers! M2
Just to clarify, he retired as a TSgt from the AF....I know the guy he started the business with.
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Old 07-05-2012, 05:35 PM
 
Location: San Antonio, TX
8,400 posts, read 20,085,334 times
Reputation: 4435
Quote:
Originally Posted by Paka View Post
Just to clarify, he retired as a TSgt from the AF....I know the guy he started the business with.
Wow, I got some bad intel, I was told he was a retired Chief.

There's definitely a big difference between a CMSgt and a TSgt!
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Old 07-05-2012, 07:09 PM
 
Location: San Antonio
7,628 posts, read 14,325,779 times
Reputation: 18705
Quote:
Originally Posted by majormadmax View Post
Wow, I got some bad intel, I was told he was a retired Chief.

There's definitely a big difference between a CMSgt and a TSgt!
Yeppers, and he retired as an E-6 with a friend who bought into his business...ran it, helped build it and then got screwed out of it....trust me my friend is MUCH better off because even back in the day he could see "shady delainings" and opted out. SMART man for sure!
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Old 07-06-2012, 08:15 AM
 
Location: San Antonio, TX
993 posts, read 2,186,212 times
Reputation: 308
Quote:
Originally Posted by Paka View Post
Yeppers, and he retired as an E-6 with a friend who bought into his business...ran it, helped build it and then got screwed out of it....trust me my friend is MUCH better off because even back in the day he could see "shady delainings" and opted out. SMART man for sure!

My Econo $39.95 Opt out?
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Old 07-06-2012, 09:08 AM
 
Location: TX
3,927 posts, read 4,679,412 times
Reputation: 4360
Well, unless Tina gets complete ownership of the business, I wouldn't ever do business with it. I wouldn't want any of my money going to benefit someone like Mike Yuchnitz.
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Old 07-10-2012, 12:28 AM
 
Location: Tejas
443 posts, read 778,552 times
Reputation: 424
Quote:
Originally Posted by Lee W. View Post
Well, unless Tina gets complete ownership of the business, I wouldn't ever do business with it. I wouldn't want any of my money going to benefit someone like Mike Yuchnitz.
I understand the sentiment, but if I thought like that I'd never be able to pay taxes again.
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Old 07-10-2012, 06:05 AM
 
Location: San Antonio
7,628 posts, read 14,325,779 times
Reputation: 18705
My business dealing will be exactly what they were before all this...driving by the store on my way to and from work....
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