Ultimate Warrior had representatives release the following press release in regards to a TMZ report that he had been accused of fraud:
To Whom It May Concern,
"Earlier this week, Mr Christopher Elias used TMZ.com and the Santa Fe County Sheriff's Department in an apparent effort to gain publicity for himself at the expense of professional wrestling legend The Ultimate Warrior. The matter that has arisen between Warrior and Mr Elias is in relation to a simple contractual dispute, the facts of which will speak for themselves.
"Mr Elias's allegations of criminal fraud are completely unfounded, ill-advised and unfortunate. This is a purely civil matter that is in the process of being resolved by our attorney."