Dustin Johnson has settled his lawsuit against a former advisor he accused of scamming him out of $3 million.
Filed in Georgia in October 2014, the suit claimed that Nathan Hardwick, who served on the board of the Dustin Johnson Foundation, convinced the nine-time PGA Tour winner to invest in his Atlanta law firm and then used those funds to cover his alleged embezzlement of more than $20 million from his firm’s accounts.
The terms of the settlement were not disclosed, but Johnson sounded pleased with the outcome.
“As good as I can feel about it,” Johnson told Golf Channel when asked about the settlement at the FedEx St. Jude Classic on Thursday.
According to The Atlanta Journal Constitution, Hardwick relied on the scheme “to fund lavish spending on private jets, expensive homes, girlfriends and gambling,” but ran into trouble when the real estate collapse cut into his firm’s profits.
Federal investigators arrested Hardwick in February on charges on conspiracy, wire fraud and other crimes related to the scheme. If convicted, he could face up to 30 years in prison.