Vince Young is being followed by more financial woes. According to new court documents, Young and his former financial advisor, Ron Peoples, are being sued by a company called Triton Financial for a $700K loan that Triton claims was never paid back. According to Triton, the loan was taken in April 2011 with a promise to pay back in 5 months.
Triton shows that there was a $21K origination fee that Young also promised to pay back. In addition to all this, with interest and late fees, the loan has now ballooned to $1,163,194.58. Young, who filed for chapter 11 bankruptcy earlier this year, clearly doesn’t have the money to pay back. Court documents from his bankruptcy show that he owes anywhere from $1 million to $10 million.
Young sued Peoples in 2012 with claims that Peoples had cheated him out of millions of dollars, and the pair ending up settling out of court. Young has made no statement on the lawsuit brought against him from Triton Financial.
[h/t TMZ]