County prosecutor seeks indictments in Vick case - NFL
| The Meaningful Collateral found this 9/25/2007 on sports.espn.go.com [flag] |
Tags:
NFL
Michael Vick
Comments
Links (2)
Vick’s fortunes continue to sink
Published 9/25/2007 by Thermocaster at The Meaningful Collateral
... , in what really is an odd but revealing case. Apparently, prior to his indictment for dogfighting and gambling, Vick borrowed $2,500,000 from RBC for real estate investments . Since Vick is currently suspended from the NFL and most likely on his way to at least a year at Club Fed, the bank is freaking out, claiming that Vick s suspension from the NFL materially affect (his) ability to repay the Term Note, and therefore constitute an event of default. Ouch! Anyway, RBC wants their money back, and in this suit they may be ahead of the curve, since Vick s fortune is in immediate danger of disappearing completely. Meanwhile, the news out of the Surry County District Attorney ...
Vick Could Face 40 More Years In Prison
Published 9/25/2007 by JJ Cooper at FanHouse
... Vick may have limited his likely federal time to a year or two with a plea bargain, but that same plea could end up dooming him in state court, which could lead to him facing 40 or more years in prison, as an Associated Press report explained. ...
