and already in trouble. The Federal Labor Department is accusing Vick, who was released from jail to home confinement yesterday, of making a series of prohibited transfers from a pension plan sponsored by MV7, a celebrity marketing company he owns. The department alleges that Vick violated his duties as trustee of the pension plan that covers nine current or former MV7 employees. They say he used the money to pay the criminal restitution imposed on him after his federal dogfighting conspiracy conviction.
Thursday, March 26, 2009
Michael Vick Is Out Of Jail
and already in trouble. The Federal Labor Department is accusing Vick, who was released from jail to home confinement yesterday, of making a series of prohibited transfers from a pension plan sponsored by MV7, a celebrity marketing company he owns. The department alleges that Vick violated his duties as trustee of the pension plan that covers nine current or former MV7 employees. They say he used the money to pay the criminal restitution imposed on him after his federal dogfighting conspiracy conviction.
