Cowboys' McFadden claims financial planner mishandled $15M - KAIT Jonesboro, AR - Region 8 News, weather, sports

Cowboys' McFadden claims financial planner mishandled $15M

(Source: AP graphics) (Source: AP graphics)

LITTLE ROCK, Ark. (AP) - Dallas Cowboys running back Darren McFadden has sued his longtime business manager, saying he misappropriated and mishandled money over the years, including $3 million lost in a bitcoin business venture.

The $15 million lawsuit was filed Tuesday against Michael Vick of Mabelvale, Arkansas, and 10 unknown others named only as "Doe."

Vick told The Associated Press on Thursday he hadn't seen the lawsuit and declined to comment.

McFadden said Vick used fraudulent documents to gain power of attorney in 2008, and later fabricated fictitious financial records to hide what he was doing. The former University of Arkansas running back said he discovered the fraud when Vick tried to sell him a building allegedly bought with McFadden's own funds.

The lawsuit says McFadden revoked Vick's power of attorney last month.

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