Hawkins, backer settle outstanding debt amicably
The dispute over nonpayment of investment funds comes to an end
It would appear that poker pro Maurice Hawkins and backer Randy Garcia have settled their differences out of court. A week and a half ago, Garcia announced that he was suing the WSOP Circuit champ for failing to make good on a staking agreement, but has now dropped the suit after the two reached an agreement. Hawkins will pay off the debt that has been following him around for over two years.
The 13-time WSOP Circuit ring winner owes Garcia $103,000 plus $12,477.34 in interest and $451 in court fees for a total of just under $116,000. That was the amount a judge awarded him in May and, after not receiving a check for the full amount promptly, Garcia took to social media to out Hawkins over the debt.
It was July 15 when Garcia said on Twitter, “Let me be clear. For 2 years I have kept this private out of respect for him and hoping he would have some integrity & be a man of his word. However, he clearly has no respect for me so I feel obligated to let others know so they don’t make the same mistake I did but trusting him.”
Hawkins and Garcia, after the story made its rounds across the news outlets, then reached their arrangement. Garcia was apparently upset that he hadn’t been handed $116,000 in one payment, but the two have now reportedly reached a payment plan to cancel the outstanding debt.
Garcia tweeted yesterday, after removing many of his previous tweets about the ordeal, “Happy to report that @mauricehawkins and myself have come to an amicable resolution on money owed. He is honoring his commitment to me. Thanks everyone.”