Lawsuit alleges SC entrepreneur Ludwig hid $2M
GREENVILLE, S.C. (AP) — The South Carolina man who avoided prison in the fatal Maserati crash that killed a homeowner faces a federal lawsuit alleging he’s hiding $2 million from a creditor he owes nearly $7 million.
The Greenville News reported Saturday (http://bit.ly/rnBVKL ) that a federal judge has ordered a third party to take control of John Ludwig’s real estate properties and ruled he finds evidence of probable fraudulent conduct.
Ludwig’s attorney agreed a receiver should identify and preserve the value of 39 -year-old John Ludwig Jr.’s assets.
Ludwig was forced to sell his information technology company SDI Networks after a collection of legal and personal issues.
The former Furman University football player drove his speeding Maserati through a Greenville home in 2009, killing the homeowner as he watched television.
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Information from: The Greenville News, http://www.greenvillenews.com