Looks like “The Iceman” was taken for a fool. From MMA Mania:
Chuck Liddell Sues Real Estate Development Company
↵
↵According to a report from the San Luis Obispo Tribune, Liddell coughed up $1.5 million to acquire three lots in Vista Del Hombre back in 2007, a mixed-used development project that Gearhart intended to build on his golf course in northeast Paso Robles.
↵The commercial property was to be built and turned over to Liddell upon completion -- but the icy one was required to fork over the hefty sum to help the developers clear a few hurdles and complete the project on time.
↵↵The suit alleges that Liddell's money was instead used to satisfy other debts from similarly duped investors and of course fill their own pockets. Cuesta Title Co. and Stewart Title have been named as defendants in the suit.
↵
↵Check out MMA Mania for more information.
See More:
