Cowboys RB Darren McFadden filed suit against his family friend and longtime financial advisor Michael Vick (not that one), claiming Vick scammed him and squandered $15 million of his money—including $3 million on a failed Bitcoin investment.
The lawsuit, filed Tuesday, alleges that Vick used fraudulent documents to gain McFadden’s power of attorney just two days after his NFL debut in 2008.
McFadden said Vick was “an old family friend that we knew growing up forever and ended up trusting him to do my finances and it didn’t work out right for me.
“It’s just one of those deals with me as a young guy I wasn’t on top of my finances like I should have been and I trusted somebody to take care of everything for me and I don’t feel like at the time he had my best interest.”
According to McFadden, he discovered the fraud when Vick attempted to sell him a building that had been purchased with McFadden’s own funds. He fired Vick “six to seven months ago” and recovered power of attorney last month.
The suit accuses Vick and 10 other unnamed defendants.