Michael Vick Accused Of Stripping Pension Plan
Michael Vick got to leave his digs at Leavenworth, Kansas yesterday and travel – accompanied by US Marshalls – to Norfolk, Virginia, where he is scheduled to appear at a court hearing in his bankruptcy case on April 2-3.
In complaints filed Wednesday in federal district and bankruptcy courts in Newport News, the Department of Labor is accusing the imprisoned NFL star of illegally withdrawing more than $1.3 million from a pension plan, according to the Associated Press.
The department says he made a series of prohibited transfers from a pension plan sponsored by MV7, a celebrity marketing company owned by the former Atlanta Falcons quarterback. The department also says the plan assets were partially used to help pay the criminal restitution imposed on Vick after his federal dogfighting conspiracy conviction.
While in Virginia, Vick is being held in a regional jail, said Lisa Berger, a deputy U.S. Marshal. Berger declined to identify the jail.
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