Basically it’s a mess. They are totally unbelievable but there may be some foundation of “their truth” as to how it all came about.
The problem is that the actual truth differs hugely from their alleged perception of the truth.
Inevitably more will come out in the next few days and weeks.
The saying “what goes around, comes around”.
Their profile is too high now for it all to quietly go away. If it was mere embellishment that would be fine. But it’s not. The embezzlement, the bailiffs, the doing a runner, credit cards being taken out in his name, cheques bouncing, people being owed money. The picture is building and it’s not a good one.