Although UFC Hall Of Famer Chuck Liddell hung his UFC gloves up long ago, “The Iceman” continues to pull down seven-figure paydays.
Liddell, who went from UFC’s poster boy knockout artist to the UFC Vice President of Business Development, recently filed a lawsuit against Cuesta Title Company after he was bilked of his investment money by way of Vista del Hombre developer Kelly Gearhart.
Below are some details on the story, courtesy of FresnoBee.com:
“Liddell, a Cal Poly business graduate who lived in San Luis Obispo for 20 years before moving to Southern California, had invested $2 million with Gearhart to purchase four lots at his Vista del Hombre development project. But he said Cuesta Title Company, which handled all of Gearhart’s escrows for the project, released his funds before the close of escrow and without transferring title to the properties. Meanwhile, Gearhart was using investor money to pay other investors and himself.”
The end result saw a San Luis Obispo County jury award Liddell $1,982,727.
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