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Letterman’s Alleged Extortionist Lived Above His Means

David Letterman’s alleged extortionist, Robert Halderman, was attempting to extort money from the talk show host due to financial problems according to police sources.

And it’s no surprise, according to court papers from 2007 it seems the CBS producer has always been living above his means, despite earning a hefty salary.

Halderman Allimony Dispute Papers

During a hearing to determine alimony for his two children with ex wife Patty Montet, Halderman had to list his salary and outgoings, and it looks like he earned a pretty penny from his gig at CBS.

Halderman lives in shabby neighborhood

The papers show Halderman earned $214k per annum, and in addition he received $18,000 non taxable payments from his then live in lover, and woman at the center of the Letterman scandal, Stephanie Birkitt.

Apparently, according to the papers Halderman is also in line for a 3% increase every year as stipulated in his four year contract with CBS. In addition it is stated that Halderman has a healthy 401k account with an estimated projected $1million.

Halderman pleads not guilty

After his alimony payments to his ex-wife Halderman still had a gross income of $150,000, with a mortgage payment of less than $1,000 per month.

Birkitt’s lawyers say that Halderman’s claims that he is struggling financially are down to “mismanagement and extravagant spending” and that his major expenses are not housing and food but credit card payments and repaying a loan to himself from his 401k.

At the time of the hearing Halderman’s credit card debt was to the tune of $40k, half of which represents cash advances.

VIDEO: Letterman Admits To Having Sex With Staffers

When asked where all his cash goes to Halderman stated “I don’t know. My life costs money.”

In just two months Halderman spent $20,000 in a cash advance and put another $20,000 on his new credit card.

Halderman’s Financial Woes

With spending like that it’s no surprise Halderman has financial problems.

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