Vick Regrets 'Heinous' Dogfights

Disgraced QB testifies to being fleeced by financial advisers
By Nick McMaster,  Newser Staff
Posted Apr 3, 2009 12:07 PM CDT
Vick Regrets 'Heinous' Dogfights
NFL star Michael Vick leaves federal court after pleading guilty to a dogfighting charge in Richmond, Va., in this 2007 photo.   (AP Photo)

Michael Vick showed contrition in bankruptcy court today for the dogfighting that landed him in federal prison, the Atlanta Journal-Constitution reports. “I committed a heinous act,” said the suspended NFL quarterback, moved from a Kansas prison to appear at the Virginia hearing. “It was very irresponsible.” Vick is fighting for approval of a bankruptcy agreement that would see him keep the first $750,000 of his annual income, with the rest going to creditors.

Vick testified that he had been swindled by duplicitous financial advisers. One convinced him to buy $90 million in life insurance, which cost Vick $1.2 million annually in premiums. Others took money for investment and simply never called the former Falcons star again. (More Michael Vick stories.)

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