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Well I was on the front page of the New York Post today an explosive lawsuit filed by nearly a dozen National Hockey League players claiming that a golf resort developer -- them -- Into giving up more than 25 million dollars of their hard earned money enough.
The suit which made a front page of -- you can see our corporate cousin New York Post.
Alleges the money was blown on lavish parties involving porn stars.
-- is it.
Baseball players weren't certain members of -- but not hockey play not team players Ron Richards is the attorney who represents the players and he joins us.
Now -- one is there any evidence this guy who is alleged to have been involved candidature Audi.
Claims he's completely innocent that in fact the money was being spent on this golf course and I guess was couple's son Lucas in the southern part of Mexico and Baja.
-- do you have indication that that's complete fraud that this golf course is not being built.
Well the golf course which normally takes nine months to build its been going on for three years and of the golf course was supposed to cost.
Nine million dollars but he was given 35 million he's missing about twenty -- million dollars and it's just a golf course.
There's no homes no infrastructure.
All he has is that as a golf course and in -- -- just putting a golf course out there really isn't really what the investors thought they were gonna get.
And now the first project.
All it has is a runway and he still hasn't paid the guy.
That is built the runway and it's literally a runway in the middle of nowhere and that's.
Ten million dollars down the drain wrong.
You know sports figure is getting fleeced for their money by people is is not a news story this happens all the time but.
I think -- for hockey players we don't we don't hear a lot about that when it comes to bending the ones that are.
Being sort of attracted to these kinds of investments but how did they get sucked into this.
Well you know first mr.
-- -- needs to be in the penalty box here but these hockey players.
They they got sucked into it because he he tells a good story you know he -- -- debate he flies and down.
On on jets using other people's money.
The hockey players see this beach front property he makes all sorts or representations.
That he's going to develop the property and and they're gonna get their money back within a couple years.
Two years turn -- four years turns -- six years.
And nothing's going on and then this thing exploded in May of 09 where -- -- he flew into Arizona to do an arbitration.
And during his testimony be quaint quiet parent that he's blown through 35 million dollars and there's really no accounting.
What -- it is some of those some of that money apparently was used for parties at which he entertain some of this.
Baseball -- some pretty big hitters like Roger Clemens Reggie Jackson.
Joseph Morgan -- rose.
Do you have any indication that in fact these guys might also have been fleeced in the way that the NHL that is he brought him down -- good time and say look what I'm doing for the hockey players -- -- do the same for you.
Well no because what transpired.
Is these were his friends who had no intention whatsoever of investing in property Cobb -- San Lucas -- -- flying down.
On the hockey players.
Money and then they would come and have a good time with the parties are golf and the girls like we outlined in the complaint and they would fly back not one baseball player.
Ever purchased anything.
On the hockey players and money so that was sort of what the complaint was they run if we get -- -- -- the end would you be able go head to head with a god I would love to go head -- -- -- candidates chatty since -- cross examine him for about an hour and be like old home week.
All right all right well we'll hold you to -- run thank you so much for coming in Ron Richards.
Who represents those NHL players -- will listen to them to -- the players -- to come on tour and will absolutely tell their story -- thank you so much thanks a million.
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