Michael Vick Ordered To Repay Millions To Canadian Bank
RICHMOND, Va. (AP) - A federal judge in Virginia has ordered imprisoned quarterback Michael Vick to repay more than $2.4 million to a Canadian bank for defaulting on a loan. The Royal Bank of Canada sued Vick in September, arguing his guilty plea to federal dogfighting charges and the resulting impact on his career prevented him from repaying the loan. According to the suit filed in U.S. District Court in Newport News, the loan's terms specify that any employment change negatively impacting Vick's income constitutes a default on the loan. Vick is serving a 23-month prison sentence after pleading guilty last year to bankrolling a dogfighting ring. The following comments do not necessarily represent the views of NBC Augusta 26| news, weather, sports, community, entertainment, shopping for Augusta, Georgia. Users have agreed to these terms and in doing so accept full responsibility for their comments. Moderation is limited. Hide commentsMost PopularMore Good Stuff |
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