Posts Tagged ‘Kelly Gearhart’


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Gearhart sentenced, cuffed, headed to prison

Kelly Gearhart

Updated at 6 p.m. By KAREN VELIE and DANIEL BLACKBURN Notorious North County developer Kelly Gearhart was sentenced to 14 years in federal prison Thursday morning by U.S. District Court Judge Otis Wright II in Los Angeles. Gearhart, 54, was... (Continue reading)

Judge asks why Cuesta Title was not indicted

Kelly Gearhart

By KAREN VELIE During the first day of former North County developer Kelly Gearhart’s sentencing hearing, Gearhart’s attorney attempted to paint his client as a previously honest man whose missteps were a result of the downturn in the market while... (Continue reading)

Kelly Gearhart blames lenders, claims he is a victim

Kelly Gearhart

By KAREN VELIE Former North County developer Kelly Gearhart contends that employees of Heritage Oaks Bank and Hurst Financial were primarily responsible for defrauding more than 1,200 investors out of more than $100 million. The prosecution argues that Gearhart lulled... (Continue reading)

Jury awards nearly $1 million more in suit against Cuesta Title

Kelly Gearhart

In addition to awarding about $2 million to former MMA champ Chuck Liddell, a San Luis Obispo jury has awarded nearly $1 million to a pair of brothers, who too claimed Cuesta Title Company helped convicted developer Kelly Gearhart defraud... (Continue reading)

SLO jury awards Chuck Liddell nearly $2 million

Chuck Liddell

A San Luis Obispo jury awarded mixed martial arts champion Chuck Liddell approximately $2 million in his lawsuit against Cuesta Title, the company that worked closely with convicted North County developer Kelly Gearhart. Liddell alleged that Cuesta Title helped Gearhart... (Continue reading)

Chuck Liddell lawsuit goes to jury

Chuck Liddell

Following a five-week trial, a San Luis Obispo County jury is now deliberating as to whether Cuesta Title Company aided and abetted former North County developer Kelly Gearhart in defrauding mixed martial arts champion Chuck Liddell. [Tribune] Liddell claims he... (Continue reading)

Velie on KVEC tonight at 5 p.m.

KVEC 2

With only 20 days left until former North County Developer Kelly Gearhart is sentenced for fraud, KVEC’s Dave Congalton and CalCoastNew’s Karen Velie will replay and discuss segments from a 2008 interview on the Dave Congalton show Tuesday at 5... (Continue reading)

Victims chastise Kelly Gearhart at hearing

By KAREN VELIE Former North County developer Kelly Gearhart sat stone-faced Monday as eight of his financial fraud victims told a federal judge in Los Angeles how Gearhart showed no mercy for the elderly victims he preyed upon. Each of... (Continue reading)

Investors can speak at Gearhart’s trial

Victims of the financial fraud of former North County developer Kelly Gearhart will have a chance to speak at his sentencing hearing on June 1 in Los Angeles. Gearhart and James Miller, the former president of Hurst Financial, defrauded more... (Continue reading)

Probation department seeking low sentence for Gearhart

Kelly Gearhart

By KAREN VELIE With just two weeks until Kelly Gearhart’s sentencing hearing, his probation officer and federal prosecutors are disagreeing over the number of the defendant’s victims, a fact that partially determines sentencing guidelines. While both sides agree on most... (Continue reading)



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