Former UFC light-heavyweight champion Chuck ‘The Iceman’ Liddell just got a big payday.
Liddell, who is currently the UFC’s Vice President of Business Development, just won $1,982,727. Liddell sued Cuesta Title Company after he was essentially robbed of his investment money by Vista del Hombre developer Kelly Gearhart.
Here’s a rundown from Fresno Bee:
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.
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