Is Hogan Hiding His Stash?

The legal battle between Linda and Hulk Hogan over a Las Vegas condo got interesting today when Linda's attorney accused Hulk of cleverly squirreling his money away ... far from the Graziano family.

Linda's attorney asked the Hulkster, "If you are so charitable as far as John Graziano is concerned, why did you form all these limited liability corporations after your son's accident?" Hulk said it's common practice. News to us.

For the less legally-inclined, people tend to put their assets into limited liability corporations to insulate themselves when they get sued ... like after your son nearly kills his best friend.

Reader Comments

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16. in some ways I guess it's good that this family is having these hearings

now we know for sure that they were trying to hide money because they know that they SHOULD be sued as parents of the one who caused the accident.

If they were confident it wasn't their fault in any way there would be no need to hide the cash.

wonder if a lawyer gave them that advice-or if they did it all on their own

if Linda weren't mad at Hulk we would have never had some of the facts that will be coming out soon

but we would have figured it out because of the type of people they seem to be-this just brings it to light sooner and confirms what most people probably were thinking

Posted at 4:17PM on Aug 13th 2008 by sully

17. The Bellaire Beach Hillbillys are at it again. They sure are great parents. One child in jail before the age of 18, the other a failed singer/actress. Neither child could graduate high school. Now they play their divorce out in the press while Daddy fingerbangs his daughter on pooldecks and Mommy becomes a sperm gargling boy banger.

Posted at 4:16PM on Aug 13th 2008 by FlBiker

18. mouse trap you are correct, i have always been taught not to wear them around your neck, IT"S WRONG!

Posted at 10:14PM on Aug 13th 2008 by Patti

19. ..this family keeps on enduring such humiliation, and they continue to bring it all upon themselves.

Posted at 4:20PM on Aug 13th 2008 by Donald Duck

20. How can you people call him dumb.I think he has a good attorney and is doing everything right. Maybe he is keeping the money safe so he can help John but if someone else gets it,it's gone.I think this is a smart move.Good job Hulk.

Posted at 4:21PM on Aug 13th 2008 by ANOKIE

21. It never fails that when the Hogan’s are ridiculed for their aberrant behavior they send out shills to attach the person questioning them and not answer to the charges.

The Hogan’s pay to have negative and positive items posed here at TMZ and other places. When anything is brought up about John and his medical state you always find a post or two attacking him with lies. Never the Hogan’s taking responsibility for their own actions.

Example: The night of the accident, read the complete police report and trial information. John didn’t by beer, Linda did, Nick’s mother. Nick got it from home. She admitted she bought I for him but she said she scolded him for taking it out of the house.

This is as bad as Brooke Hogan making a big deal about interviewing ad applying to several of the colleges in Florida to get it on her show. The only problem with that is she never finished High School and neither did Nick.

What the Hogan’s fail to understand is that every time they attack someone else instead of actually being mature and act like adults it makes them look even more pathetic. Did they forget that now they open everything up about theirs personal lives. Like Linda’s medical report from several years ago when she had here fake breasts done. Her medical report reflects she has herpes. Or Nicks incoming medial evaluation when he was booked into jail.

So Hogan’s keep going with your attacks and see where it gets you.

Posted at 4:33PM on Aug 13th 2008 by The Truth

22. love the fact that it was AFTER the accident that terry SUDDENLY started forming all these "limited liability corporations " and not BEFORE the accident

Posted at 4:34PM on Aug 13th 2008 by Outlaw Star

23. Who gave Hulk the pearl necklace?

Posted at 4:41PM on Aug 13th 2008 by Goon

24. Whoever wrote the new Hollywood Hillbillies are so right! This whole family needs to move to another planet.

Posted at 4:46PM on Aug 13th 2008 by Rocky

25. Judging by the size of it, Linda probably has a couple of million hidden in her ass!

Posted at 4:44PM on Aug 13th 2008 by eldiablo

26. Is Linda still banging Brookes friend?

Posted at 8:49PM on Aug 13th 2008 by charlie bo

27. Now why doesn't it surprise me that Hulk Hogan has put his money into the limited liability, etc.??? he must be O.J. Simposon's white brother...I am fed up with this man and his antics, his lies to protect his son's accident that put John G. in a vegative state the rest of his life...his buying booze for the kid, etc. and unforgiveable the statement he made about John, that he didn't know what John did to T off God/whatever..

As far as Linda...She did her time with that jerk and she deserves half of everything they have!! Not greedy as some of you are saying about her..and those of you are calling her names must be men scorned...

II am almost to the point of vomiting after reading about Hulk hiding his assets and John Edwards affair and possible love child,

Both of these guys are discusting..Hulk wanting to hide his money so his wife and the family of John G. can't sue him in civil court and get a dime out of him.....and Edwards lie, lie, lieing around every turn...He is supposed to be a smart man..doesn't he know the investigative reporter will find out one way or the other..

Get off Edward's mistress..she shouldn't have gotten involved with Edwards but at least she didn't have a husband who was dieing of cancer..and if I had a million, I would be willing to bet it all that Reille isn't the only woman he has played footsies with..

Posted at 4:55PM on Aug 13th 2008 by sweet baby

28. What a clown !!!!

Posted at 8:51PM on Aug 13th 2008 by Doink

29. He should be paying his medical bills but it was his son that did it-smart move to put his money away so that dumb brat doesn't ruin him financially like his whore ex wife is trying to.

Posted at 5:13PM on Aug 13th 2008 by dnm

30. I'm sure this whole thing is a frame. Linda and Hulk and not divorcing, they are playing a good one on everyone. I bet that the only reason that they are saying that they are breaking up is because they don't want to end up broke do to Nick's actions. Everything will come out sooner or later...

Posted at 5:24PM on Aug 13th 2008 by Yeah Yeah Right

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