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Bank Sues Michael Vick For Unpaid Loans
Vick Bought Cars Through Bank For Car Rental Business
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 of Atlanta refused to pay for the vehicles.
Documents filed in U.S. District Court in South Bend on Wednesday said Vick signed loan agreements as the chief financial officer of Divine Seven, which bought at least 130 vehicles through 1st Source Bank loans.
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 chief executive officer.
Source: KCTV5
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