On TV, Patrick Carroll is the consummate businessman, pontificating on interest rates and fluctuations in the housing market. Privately, his volatile behavior has created one enemy after another, according to hundreds of pages of legal records we reviewed.
The parties jointly filed to dismiss the case after reaching a confidential agreement in February 2015.By 2019, Carroll’s business was thriving. The firm had switched its approach to raising new capital; instead of collaborating with high-net-worth investors, it started receiving large infusions from institutions like pension plans, insurance companies, and private equity firms.
Carroll did not comport himself well. “Big fat broke tony... Take your old cunt of a wife out of my gym too,” he wrote in one text. “Hang yourselves,” he said in another. Just two days later, his wife alleged in her court filing, Carroll told her that they were getting divorced and allegedly demanded that she “first sign a document saying 100% of the money is his or he will have me killed, my dad killed and my brother killed.”
But Carroll didn’t make the required payments, the judge said. That February, the court found him guilty of indirect criminal contempt and sentenced him to 16 days in jail. The divorce wasn’t finalized until October 2021.The divorce proceedings precipitated even more litigation, after Carroll found a new enemy in his wife’s lawyer, Michael Lundy. During Carroll’s deposition in the divorce case, he referred to Lundy as a “little worm,” a “queer,” and “the evilest person I’ve ever heard of or met.
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