The_Philster
06-21-2003, 07:33 AM
BALTIMORE - John Unitas' son has been accused in a lawsuit of defrauding and helping to bankrupt the company that bore the name of the Hall of Fame quarterback.
The suit was filed Friday in U.S. Bankruptcy Court in Baltimore on behalf of John Unitas' widow, attorney and accountant. It alleges that John C. Unitas Jr. made himself the beneficiary of a $125,000 life insurance policy in the father's name, unbeknownst to other trustees of Unitas Management Corp., The (Baltimore) Sun reported Friday.
The suit seeks the return of roughly $60,000 from Unitas Jr., but said the plaintiffs don't have a full account of the money that's alleged to be missing. The company managed licensing and sports memorabilia deals for Unitas Sr. and other former athletes....more (http://www.kansascity.com/mld/kansascity/sports/football/nfl/kansas_city_chiefs/6138657.htm)
The suit was filed Friday in U.S. Bankruptcy Court in Baltimore on behalf of John Unitas' widow, attorney and accountant. It alleges that John C. Unitas Jr. made himself the beneficiary of a $125,000 life insurance policy in the father's name, unbeknownst to other trustees of Unitas Management Corp., The (Baltimore) Sun reported Friday.
The suit seeks the return of roughly $60,000 from Unitas Jr., but said the plaintiffs don't have a full account of the money that's alleged to be missing. The company managed licensing and sports memorabilia deals for Unitas Sr. and other former athletes....more (http://www.kansascity.com/mld/kansascity/sports/football/nfl/kansas_city_chiefs/6138657.htm)