Vick INDICTED!

[lizbud]

I wonder if this is connected to the Canadian bank's action or is it a
separate transaction? Either way, Vick is in deep trouble.Couldn't happen
to a more deserving creep.


Indiana Bank Sues Michael Vick Over Unpaid Car Loans
Bank Claims $2 Million In Damages

POSTED: 11:22 am EDT September 28, 2007


SOUTH BEND, Ind. -- An Indiana bank has sued embattled Atlanta Falcons quarterback Michael Vick for not repaying loans involving a car rental business.

South Bend-based 1st Source Bank claimed in a federal lawsuit that it had suffered damages of at least $2 million as Vick and Divine Seven LLC of Atlanta had refused to pay for the vehicles.

Vick signed loan agreements as the CFO of Divine Seven, which bought at least 130 vehicles, including many Kia Spectra and Ford Taurus cars, through 1st Source Bank loans, according to documents filed in U.S. District Court in South Bend on Wednesday.


A phone call Friday to a number listed on loan documents for Divine Seven was answered by a clerk at a Payless Car Rental office in Atlanta. The Associated Press left a message there for Art Washington, who signed some of the loan documents as Divine Seven's CEO.

According to the lawsuit, 1st Source Bank made a written demand for payment on Aug. 24, but Vick and Divine Seven have "failed and refused to pay."

The bank has been able to repossess most of the cars, which will limit Vick's financial liability in the lawsuit, said John Griffith, the corporate counsel for 1st Source Bank.

The lawsuit, which seeks unspecified damages, said Vick and the company agreed to their first loans with the bank in January, about three months before authorities began investigating his involvement in a Virginia dogfighting operation.

He pleaded guilty to a dogfighting conspiracy charge in federal court last month and was indicted Tuesday on state charges in Virginia related to the dogfighting ring. He faces up to five years in prison on the federal charge when he is sentenced Dec. 10. He also has been indefinitely suspended by the NFL.

The Royal Bank of Canada sued Vick last week in federal court in Virginia for more than $2.3 million that it said he had planned to use for real estate investments.

A message seeking comment was left Friday at the law firm representing Vick in his criminal cases.

[Cinder & Smoke]

I wonder if this is connected to the Canadian bank's action or is it a
separate transaction? Either way, Vick is in deep trouble. Couldn't happen
to a more deserving creep.

Indiana Bank Sues Michael Vick Over Unpaid Car Loans
Bank Claims $2 Million In Damages

Good Old Mike!!
Way to GO, Mikey!!

Keep stampin out those license plates!

This is a NEW Mikey Scam coming to light - and an Additional $2 Million to add to his increasing tab!

OK - who's NEXT in line?

[lizbud]

Good Old Mike!!
Way to GO, Mikey!!

Keep stampin out those license plates!

This is a NEW Mikey Scam coming to light - and an Additional $2 Million to add to his increasing tab!

OK - who's NEXT in line?

Hey Phred, how'd you like the name of Vick's business, "Devine Seven" ?

What a joke.

[Lady's Human]

http://www.cnn.com/2007/US/10/01/vick.dogs/index.html

Good NEWS! All but one of the idiot's dogs have been placed in sanctuaries or rehomed!

[momoffuzzyfaces]

http://www.cnn.com/2007/US/10/01/vick.dogs/index.html

Good NEWS! All but one of the idiot's dogs have been placed in sanctuaries or rehomed!

Sadly that one had to be put down because it was too agressive around people. Too bad they didn't let it bite Vick good bye!!!

[lizbud]

Sadly that one had to be put down because it was too agressive around people. Too bad they didn't let it bite Vick good bye!!!

I agree. I am glad they were able to help all the others though. It is so
time to shut down this brutal business for good.

[Cinder & Smoke]

Sure hope ya didn't spend it all ... 'cause
the Foosball Guys want Their Money BACK!!

Falcons reportedly want $16 million from Vick

Team seeking bonus money paid to disgraced quarterback ...

MSNBC News Services
The Atlanta Falcons are asking Michael Vick for their money back.

The team is seeking $16 million in bonus money they paid to the disgraced quarterback, according to an ESPN report.

The team believes Vick's guilty plea to federal dogfighting charges violates his 10-year, $130 million contract he signed in December 2004, according to ESPN. The case will be argued in a hearing Thursday, sources told ESPN.

The entire MSNBC.com article is at: http://www.msnbc.msn.com/id/21113170/

/s/ Phred