Financial Issues: In 2016 Jake discovered that a financial advisor had siphoned $20 million from his retirement account as part of a Ponzi scheme. The advisor allegedly invested $33 million of various client money into an online sports and entertainment ticket business. He also paid himself a $2 million fee to transfer the money to the scheme. He also took out an additional $5 million worth of unauthorized loans in Peavy’s name. Around the same time, Peavy’s high school sweetheart filed for divorce which ultimately ended up being very costly as well.