Mark Sievers’ friend flipped on him – making deal to save himself
Testifying at a motion to reduce Sievers' bond -- which was denied --
The life insurance money "was the motivation," Downs said, for Sievers to employ Wright and another man,
Prosecutors had previously said Wright agreed to provide "substantial cooperation" as part of a plea agreement, but Thursday's testimony from Downs was the first detailed public statement on the na-ture of Wright's cooperation. Wright pleaded guilty to a second-degree murder charge days before Sievers' arrest. He will receive a 25-year prison sentence in exchange for his cooperation.
Money has long been suspected to be a motivating factor in the killing of
Asked about Wright's confession, Sievers' lawyer,
Downs' testimony came amid Sievers' unsuccessful request to have his bond on a second-degree murder charge reduced from
"I would rely on my family to pool their resources and see what they can come up with," Sievers said.
Mummert argued that Sievers wouldn't be able to receive any life insurance money or use his house as an asset until the completion of his criminal case. But Hunter argued Sievers could indirectly receive funds from payouts made to other family members.
Hunter also noted that Sievers has ties to
Mummert conceded that Thursday's ruling will make it more difficult for Sievers to retain temporary custody of his two daughters, ages 9 and 11.
"He has a very close relationship with (his daughters), and really my heart goes out to them," Mummert said.
Sievers' daughters are living with their maternal grandmother, who's seeking to retain custody for the duration of the criminal case.
Sievers' next criminal court hearing is a case management conference scheduled for
___
(c)2016 the Naples Daily News (Naples, Fla.)
Visit the Naples Daily News (Naples, Fla.) at www.naplesnews.com
Distributed by Tribune Content Agency, LLC.



Allianz Life Insurance Co of New York Files SEC Form S-1, General Form For Registration of Securities Under The Securities Act of 1933 (Apr. 8, 2016)
Advisor News
- House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
- Iowa House backs temporary tax hike to fill Medicaid gap
- Iowa Medicaid temporary tax plan draws sharp public opposition
- Charitable giving planning can strengthen advisor/client relationships
- New $6K deduction could provide tax planning window for retirees
More Advisor NewsAnnuity News
- We can help find a loved one’s life insurance policy
- 2025: A record-breaking year for annuity sales via banks and BDs
- Lincoln Financial launches two new FIAs
- Great-West Life & Annuity Insurance Company trademark request filed
- The forces shaping life and annuities in 2026
More Annuity NewsHealth/Employee Benefits News
- CT leaders debate how to fix health care: Blunt federal cuts, up reimbursement or kill private health care?
- When health insurance costs $2,500 per month, families make tough choices
- In U.S. Health Insurance Market, Consolidation Of Insurers Is Increasing Premiums
- Health insurance jargon can be frustrating and confusing – here's how to navigate it
- Minnesota Blue Cross CEO steps down from Sutter Health board over conflict of interest
More Health/Employee Benefits NewsLife Insurance News
- Murray Giles Hulse
- New individual life premium hits record-setting $17.5B in 2025
- Maryland orders Cigna to halt underpaying doctors or give cause
- Insurers optimistic about their investments in 2026
- AM Best Affirms Credit Ratings of PVI Insurance Corporation
More Life Insurance News