Report: Brooking sued for nearly $2M
NFL linebacker Keith Brooking was being sued for almost $2 million in apparently unpaid bank loans, The Atlanta Journal-Constitution reported.
Wells Fargo claims the former Falcons star took out loans exceeding $2 million in August 2008 and still owes $1,996,224.73 as of January this year, a sum that will raise with interest and legals costs.
The lawsuit, filed in US District Court in Atlanta, also accused Brooking of attempting to shift his assets to avoid repayment.
"Upon information and belief, beginning in 2008, K. Brooking realized he would not be able to meet his obligations to his creditors, including Wells Fargo. K. Brooking therefore acted to fraudulently transfer his individual wealth and assets, including, but not limited to, transferring real property located in Georgia, Florida and South Carolina to insiders," the suit claims.
Brooking, who is about to become a free agent after three years with the Dallas Cowboys, denies the accusations.
His agent Pat Dye Jr. told the Journal-Constitution said, "There is absolutely no evidence whatsoever to support Wells Fargo's allegations that Keith transferred any properties to fraudulently conceal assets. He is absolutely, fiercely defending himself in this lawsuit."
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