It's really tough to know what to do in such a situation. How old is Wee Hob? It sounds like taking away privileges isn't working; some children really do need physical discipline (within proper guidelines, of course). I am praying for you both. Just remember to tell him that although you no longer trust him and are very angry with him (and you have excellent reason not to), you still love him and will always love him.

Thank you for your moral courage in posting a public retraction.