More Fuel to Michael Vick’s Fire
Posted by Bossip Staff
Damn, there isn’t a day that goes by where we don’t have to hear this dude’s name. Michael Vick can’t catch no breaks, no wonder he stay chiefin on the reefer. Now there is a 2.3 Million dollar lawsuit against him:
Royal Bank of Canada is suing Vick for more than $2.3 million (U.S.), alleging the suspended NFL star’s recent guilty plea on federal dogfighting charges has caused him to default on a loan. The lawsuit was filed Sept. 20 in U.S. District Court in Newport News, Va. According to court documents, Vick obtained a $2.5 million line of credit from the bank’s Global Private Banking office in New York City in January and drew on that loan to invest in real estate “which is not a primary residence.” The documents provide no other details of that investment but specify the proceeds were not to be used for “personal, family or household purposes.” As of Sept.19, the balance due from Vick was $2,313,694.37, the filings said. Royal Bank is seeking repayment of that amount plus $499 in interest charges per day and legal fees.
“The criminal charges and resulting impact on the defendant’s employment constitute a material adverse change in the employment, performance, condition (financial or otherwise) or prospects of the defendant which materially affect the his ability to repay the term note, and therefore constitute an event of default,” the bank said in court papers. Meanwhile, in Sussex, Va., yesterday, Vick and three co-defendants were indicted by a grand jury on state charges related to a dogfighting ring operated on Vick’s Virginia property. The grand jury declined to indict the three on eight counts of killing or causing to be killed a companion animal. Vick, who already pleaded guilty in federal court to a dogfighting conspiracy charge and is awaiting sentencing Dec.10, was indicted on one count of beating or killing or causing dogs to fight other dogs, and one count of engaging in or promoting dogfighting. Each count is a felony, punishable by up to five years in prison. Royal Bank alleges that Vick is in default for “numerous reasons,” including his failure to promptly provide a semi-annual personal financial statement, a disclosure of his liquid assets and because of a “material adverse change” in his employment. Vick was sent a letter by the bank’s lawyer in late August demanding full payment by Sept. 10 but he still failed to pay, the documents said. The allegations have not been proven in court. A Royal Bank spokesperson declined comment yesterday citing client privacy reasons, adding the matter is currently before the courts.
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Damn! Over some doggs, ni&&as just dont learn!
i ain’t readin all that shyt.
pictures please!
lmao
It aint like he aint got it. If he dont got it there is something really wrong here. He need to pay it quick because you know there are more people out there in the process of rapeing his pockets
Wow!NO WONDER HE’S GETTING HIGH. HE’S GOT SOME ISSUES…..I THOUGHT HE FOUND JESUS? HE SHOULD BE GETTING HIGH ON PRAYER NOT WEED!
Wow….They are going to rape him until he relapse into brokeness…….right where he first started before pro.
I hope he get his financial business in order before the vulchers attack his *****…
and his *****ets.
THIS DUDE IS JUST STUCK ON STUPID. HE KNOWS THAT HE IS BEING WATCHED AND UNDER AN ORDER FOR RANDOM DRUG TESTING BUT HE STILLS DO STUPID THINGS LIKE THIS. PATHETIC1
man when it rains it pours. I hope he has truly found God and doesn’t wanna end it all. Talk about the world on your shouldiers. Keep ya head up Vick. You will get thru this. It’s sad they are trying to make you and example..
All this mess gonna make this poor man suicidal. These mu&8*****ers trying to cash in on this tragedy. First that dumb***** DA from Surry (who the ***** has heard of Surry,VA) then these *****s from Canada. Leave the man alone, let him serve his time and try and get his life together. This is what happens when you try to help people, they bring you down with them.
Unfortunately, this is prolly how this guy always lived his life. Ain’t nothin’ but a thang to him. Remember, “he don’t wanna hear any bad news” as one of his boys told the press about how Vick is.
Damn Mike!! when it rains it pours babe……
Okay enough, let this man alone. DAMN!!1
Damn, they are on him – Why?
Boy he has funny looking fingers.
I’m sure the dogs that Michael Vick killed are laughing in their little doggie graves.
Yeah well.
dat oic got ophotoshop written all over it, wit his little hands.come on now.
Wow, when it rain it pours! Well better days will be ahead (after jail that is, lol).
I guess all this bad news will make a brother want to take a toke!!
so, the bank called in his loan……..i’m more interested in what mike did with the money.
WHY would get a signing bonus so large and need to go get a loan MUCHLESS to RBC to get a loan? WHAT? Money management people and stop living on credit! Seriously, what is that???? So over the foolishness. Ugly Betty is coming on soon!
Yeah, leave him alone white people……LOL
DUMB NIGS. If you dumb ghetto morons here understood finance, you’d know that a private bank gives rich *****s $ for loans tha you’d never get. THEY ARE SUING HIM CAUSE HE OWES THEM $.
Give him a chance????? That’s the problem with Ghetto trash, they think the world keeps owing them a second, third and fourth chance.
Sorry, but when I don’t pay AMEX, they come for my *****….What makes this nig so special?
Not reading comments. Just posting…..
Happy Birthday to me!!!!!!!!!!!!! Lol!!!!!!!!!!
Ugh! Black ***** knuckles!
this is too much going on. make yo money and sit down somewhere people.
http://www.blackplaysandfilms.com
somebody pleeeezzzzz tell dem w****folks to leave Mike alone……pleeeezzzzz
Another stupid jig. ***** him. Feed him to the dogs. Oh, and by the way, those aren’t his arms you dimwit *****wipes. Take another look. Don’t they seem a little long…? Christ.
To hurt animals is as low as hurting children .i wisch i had the chanse to realese my hounds on his sick brain…..like the bors in hannibal movie (sculls crushing n *****!)u frecking loser i hope you lose all your stinking wealth!hahahahahahah