Sued For Fraud
The show has come to an end, but Paul Teutul’s legal woes remain. In 2018, he was sued for fraud. The report said, “Teutul tried to change their 51/49 percent ownership deal (benefiting Derbyshire) to a 50/50 deal. Derbyshire had agreed to fund the project up to $3 million at that time. “His legal team responded to the accusation with: “Mr. Derbyshire’s interpretation of said events is without merit and with the timing of Orange County Choppers much-anticipated return to television tomorrow night the timing is very suspect of once again untrue allegations.”
Sued For Fraud
Filing For Bankruptcy
A month after the lawsuit was filed against Paul Teutul, he filed for bankruptcy. His debt amounted to millions of dollars, including one million on his mortgage. According to him, he makes $15,070 in a month and uses up almost all of it. He also claimed that he was bad at organizing his finances. The report said, “Teutul filed paperwork claiming that he owes close to 50 creditors $1,070,893.44 and that he was only worth $1,801,729.”
Filing For Bankruptcy
