Victims of love: An elderly Minnesota couple lost everything to a man they viewed as the son they never had
TWO HARBORS, MINN. – Ray Turcotte once owned a gas station in this scenic town of 3,700 on Lake Superior’s North Shore. His wife, Judy, ran a hair salon. After amassing a net worth approaching $1 million, they retired to the lakeside home Ray Turcotte built with his own hands.
But after placing their financial future in the hands of David Ripley, the Turcottes are broke. Their home, which they owned free and clear, now carries a mortgage they can’t afford, and they could be evicted during the depths of winter.
Ray Turcotte, 86, has been hospitalized since late November after suffering a stroke, which his wife blames on the stress of their financial loss.