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Sea of Lies from Uncover

S32 E4: The Day of Reckoning | Sea of Lies

Sun, 02 Mar 2025

Description

After the revelation that Albert Walker is one of the world’s most wanted men, Sam investigates his origin story - and the trail of crimes he committed on the opposite side of the Atlantic. 

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Transcription

Chapter 1: Who is Albert Walker and why is he significant?

83.334 - 96.803 Andy Staley

I tell this story often in various bits and pieces, forms and layers. How many rabbit holes do you want to go down? I was pretty much ground zero for the whole nonsense.

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98.043 - 126.127 Sam Mullins

That's Andy Staley. Talking with Andy, I learned quickly that whenever he references the intersection of his family's life and Albert Walker's life, he calls it broadly the nonsense. Andy's in his 60s now. He outclasses me by wearing a sharp blazer for our audio-only interview, as if we're doing it on camera. As I set up, he uncorks a bottle of red. Where we're going, he's going to need it.

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Chapter 2: What is Andy Staley's connection to Albert Walker?

126.147 - 147.565 Sam Mullins

Hey, I mean, how much do you want me to tell you? All of it. I wanted to know all of it. I first read the Staley family name in an old newspaper clipping when I was learning about Albert's life in Canada and the people left in his wake. I cold emailed Andy Staley telling him what I was trying to piece together.

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148.526 - 175.307 Sam Mullins

How did this man I'd been hearing about called David Davis and Ronald Platt come to be hunted by authorities across the globe? How did a middle-aged family man from small town Ontario come to be an international fugitive? and he responded by saying that he had something to show me, something that might help. The box. To say I was intrigued is an understatement.

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176.108 - 201.106 Sam Mullins

When I walked into his place right away, I see it. Spread out on the dining room table are piles and piles of papers stacked high. Notepads, duotangs, folders, handwritten notes scrawled on post-its. As I set up my microphones, I see one of the file folders has written in Sharpie, the Walker file. Let's start. Why don't you tell me what we're looking at?

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201.907 - 210.351 Andy Staley

I guess what we're looking at is, so this came out of a big box. It was, like I say, my mother put a lot of it together.

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211.391 - 231.712 Sam Mullins

Andy's mother curated the box, but when she passed away, none of her adult children wanted to take it because they knew what was in there, vaguely at least, and they knew it wasn't good. As I sit down across from Andy and I see on the wall behind him, dusty portraits of his ancestors, men in uniform, family shields.

232.312 - 238.755 Sam Mullins

It makes sense to me that he's the one in the family who wound up with this box, this decade of his mother's work.

240 - 245.766 Andy Staley

And I really don't know. I mean, I just, I pulled it out two nights ago for the first time in 30 years.

246.907 - 259.56 Sam Mullins

Just last year, a friend of his recommended that he should just burn it all. Take the box to the family cottage and throw it in the fire pit in an act of catharsis. I remember going to, a couple of times going to burn it.

260.361 - 267.027 Andy Staley

And I looked, something would catch my eye. I go, no, no. My mother saved this. I'm not going to burn it now.

Chapter 3: How did Albert Walker start his financial career?

707.13 - 720.898 Sam Mullins

In the 70s and 80s, the Walkers and Staley's built a beautiful friendship. Andy remembers working as the Walkers' paperboy. And then when Al and Barb had their first two daughters, Jill and Sheena, they enlisted Andy for some childcare.

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721.758 - 743.699 Andy Staley

I was babysitting. I babysat Sheena and the kids, like, when I was, I don't know, 15, 16, something like that. Sheena was my favorite. She was just a sweet child. Like, whether it was babysitting or whether it was family functions, she was just... You know, she, in all honesty, when I think about it, she had her mother's soft personality and her father's good looks.

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743.979 - 752.089 Andy Staley

I mean, as crazy as that sounds. Yeah, she was good looking. She was quiet. She was sweet. Yeah, that would have been Sheena.

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753.496 - 769.503 Sam Mullins

the two families grew to be fully entwined. It was a life of Sunday dinners with kids running around. Christmas at the farmhouse. Church socials. Al and my dad skied together. And the two couples even traveled to the UK a few times together.

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770.404 - 781.509 Andy Staley

It's funny, now, you're bringing back memories of actually many years of really happy times with Al Walker. It's really weird to think about.

782.699 - 806.635 Sam Mullins

Sitting with Andy, he's almost confused, like he's flipping through a photo album from another dimension. So much happened before the nonsense, as he calls it, came to overshadow everything. There was an age gap between the two couples. Albert and Barb were many years the junior. And the gap was most notable looking at their careers.

807.436 - 834.226 Sam Mullins

Bob was solidly mid-career when they met, whereas Albert Walker was still trying to figure out what he wanted to be when he grew up. He'd been a man of many jobs. He worked in a candy factory, a men's store. He was in management training at Zellers, which is sort of like a Canadian Walmart. He sold insurance for a time, once in Scotland. He worked for a big feed and supply company.

834.507 - 856.54 Sam Mullins

He worked as a cattle herdsman, pig farmer, market gardener, and then for several years as a librarian. Walker was really searching. He was limited by his lack of schooling, but was always described as ambitious, thirsty to become a somebody. His big break though, came from the most surprising of places.

857.611 - 881.492 Sam Mullins

While Albert was bouncing wildly from career to career, Barb, right under his nose, was building their bright future from the dining room table. She was always good with numbers, so she started a side hustle doing taxes for a handful of local farmers and folks that she knew through the church. And this is where everything shifted onto a dark and ruinous track.

Chapter 4: How did Albert Walker gain the Staley family's trust?

1222.516 - 1230.899 Sam Mullins

But always humming in the background of his and his family's existence was a promise, a whisper of future prosperity.

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1231.86 - 1259.82 Andy Staley

I remember thinking all my life, people have their big blessings, and my big blessing was going to be my inheritance, like the family farms was my gift. It wasn't like, oh... new boat, new car, right? It wasn't anything like that. It was just, we were gonna be a wealthy family. So that's how I always sort of anticipated it. And it was just a thing that never was real.

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1260.02 - 1280.85 Sam Mullins

And then it was real. The story goes that Albert Walker, real estate agent extraordinaire, had managed to drum up something of a bidding war on the Staley's property. The wildest expectation pre-sale was that he would fetch something in the ballpark of two and a half or $3 million. And keep in mind, we're talking about 1989 dollars here.

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1282.95 - 1313.849 Sam Mullins

But Walker didn't get them two and a half or three like they hoped. Out he goes and sells the farm for more than it's worth. He got them over five million. Like, wow, how much? Really? And holy moly. Eddie's Uncle Bill was so impressed with the sum Walker managed for the Staley's, he got Walker to sell his hundred acres. So Walker sold that for over five. And he became a god in that family.

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1314.649 - 1322.413 Andy Staley

Wow, look what Al Walker did for us, right? Just a magic money man. He turns water into wine.

1323.293 - 1350.973 Sam Mullins

This is always how it began. When he offered Elaine the career of her dreams. When he bought Ron his own business. When he gifted them tickets to move to Canada. It was just like this. The magic money man who turns water into wine. In a short period of time, Andy's family turned their 200 acres into over $10 million. It was a very, very comfortable time when it happened.

1351.734 - 1379.215 Sam Mullins

That niggling economic anxiety that rode shotgun with them for their whole lives was gone. There was no mistaking it. They were looked after. They could breathe easy. They had arrived. Andy remembers the money changing his dad in a good way. He moved through the world differently now. He was more grounded, confident, taller. He was like a country squire.

1379.295 - 1388.519 Andy Staley

He had this demeanor about him. It wasn't cocky, but it was just proud of his world. It was just a really good look on him.

1389.419 - 1405.856 Sam Mullins

In our interview, Andy's expression gets heavy as we get to this part. In 1989, the Staley's found themselves in the unfamiliar position of not just having money, but more than they knew what to do with. Luckily for them, though, they knew a guy.

Chapter 5: What led to the Staley family's financial transformation?

2100.855 - 2114.967 Sam Mullins

As the holidays neared, the Staley's finally secured a meeting with Albert Walker. They had a prepared list of questions and copies of all the spreadsheets and correspondence that they were going to confront him with when he arrived at their home.

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Chapter 6: Why did Albert Walker focus on the Staley family?

2116.148 - 2132.33 Bob Neil Staley

Mr. Walker was to meet with us on December 5th, 1990, this time at our residence. My sister-in-law and her husband, William and Sheila Richardson, were also to be at this meeting. On that date, however, Mr. Walker did not show.

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2139.235 - 2163.399 Sam Mullins

At the scheduled start time of the meeting, Albert Walker was sitting in a first-class seat in a plane over the Atlantic. Every credit card he held was maxed out on jewelry and as many things of value he could carry on his person. His trusty briefcase, which he used to mule millions of his clients' dollars, sat beside him. His months of hard work were done.

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2164.14 - 2181.441 Sam Mullins

He'd emptied every account he had access to. He remortgaged the family farmhouse and transferred every penny he could into untraceable Swiss accounts. In the years to come, left in his wake, there was heartbreak and carnage he would never fully understand.

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2188.138 - 2201.029 Andy Staley

I remember right around Christmas, my parents were a bit nervous. Not so nervous as to make us nervous. They were really keeping it from us. But I remember there was conversation right around Christmas of 90.

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2203.339 - 2229.423 Sam Mullins

Bob and Betty Staley had opted to keep most of their Walker financial concerns a secret from their children. But after being stood up by Walker and the initial rumblings they were hearing around the community, they feared the worst. My father said, Walker's left the country. They've left the country. What does that even mean? For the holidays? Is he coming back? No one could say for sure.

2230.404 - 2238.093 Sam Mullins

The true meaning of his departure would arrive a few weeks later, January 15th, a day that Andy would never forget.

2239.281 - 2263.978 Andy Staley

January 15th, it was a Thursday. I was at a conference at the old Skyline Hotel in Toronto, and I knew something was up, and I phoned my dad at a break. And it was like a man who had changed. It was like I was talking to someone made of eggshells, right? It was as much the tone as the content. That's what I remember, just this shattered man. And he was like, Dad, what's going on?

2264.839 - 2274.404 Andy Staley

I remember the tone being, Walker's gone. We don't know where he is. We have no way of tracking him. And he had the realization that everything was gone.

2275.385 - 2281.011 Sam Mullins

All of Andy's family's and his uncle's money, the generational security, was gone.

Chapter 7: How did Albert Walker's actions affect the Staley family?

2402.088 - 2408.031 Andy Staley

And, you know, I really believed that I could do that just fueled by anger and hatred. Right.

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2409.873 - 2423.516 Sam Mullins

Andy was brimming with anger about the money, about the betrayal. But the thing that kept the fire of his rage burning white-hot for years was what this ordeal had done to his father. Yeah, it ruined him.

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2424.097 - 2429.598 Andy Staley

It ruined him. He was never completely the same.

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2432.679 - 2455.962 Sam Mullins

At first, Bob Staley, a lifelong problem solver, tried to be a leader in the investigation at Walker Financial. He volunteered to be the point of contact for the dozens and dozens of devastated people frantically trying to recover their money. But some folks started directing their anger at him, started holding him at least partly responsible for what happened.

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2455.982 - 2463.79 Sam Mullins

Hey, wasn't this guy your best friend? Why are you so interested in cleaning this up for him? Somewhere in and around there.

2465.307 - 2494.487 Andy Staley

My father had his first trip to the hospital. I can remember the first time I went to visit him when he had a psychic break. They had my dad strapped down on a table, and he was... growling and snarling and clawing and like this. I remember looking at my uncle going, that looks like my dad, but that ain't my dad.

2495.227 - 2518.435 Andy Staley

I got a call the end of that week and it was Dr. Veeraswamy and he said, you need to come up here now. Your dad needs electric shock therapy and he needs it in the next 24 hours or we may not be able to get him back. I said, whoa, whoa, wait a minute. You're asking me to electrocute my father? He said, well, your father's either going to be like that, or we're going to save him.

2518.895 - 2520.255 Andy Staley

And I went, holy fuck.

2524.256 - 2542.027 Sam Mullins

During those years, while her husband was fighting for his sanity, Betty Staley tried to keep hers in a different way. She started the Box of Documents. She needed to feel like she was doing something, so she compiled everything. She cut out news clippings written about Al Walker fleeing.

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