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Saturday, July 4, 2009

Indiana bank suing Vick over car loans

Posted by blackhat on September 28th, 2007
An Indiana bank sued suspended Atlanta Falcons quarterback Michael Vick for not repaying loans involving a car rental business. 1st Source Bank of South Bend said in a federal lawsuit it suffered damages of at least $2 million because Vick and Divine Seven LLC of Atlanta had refused to pay for the vehicles.The lawsuit seeks unspecified damages. Last week, the Royal Bank of Canada sued Vick in federal court in Virginia for more than $2.3 million that it said he had planned to use for real estate investments.

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