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Report: Bank Sues Fedorov

According to a report in The Macomb Daily, Sergei Fedorov was sued for more than $2 million Monday in Macomb County (Mich.) by a bank that says the Caps center has failed to repay loans he took out four years ago.

Citizens State Bank says Fedorov owes it $2.1 million in connection with a $1.75 million loan in December 2004 and a $500,000 loan four months later according to legal documents filed in Macomb County Circuit Court.
The lawsuit does not say why Fedorov obtained the loan.

Thanks to Kukla's Korner for the pointer.

By Tarik El-Bashir  |  July 15, 2008; 8:11 AM ET
 
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