Riggo-toni Posted June 23, 2003 Share Posted June 23, 2003 It was bad enough Joey T.'s son ended up being a crackhead.... Unitas Jr. Defrauded Dad's Company Sat Jun 21, 2:31 AM ET 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. "Clearly throughout 2001 and most probably continuing through 2002, both before and after the death of Johnny Unitas, (John Unitas Jr.) pillaged and ravaged the funds of (Unitas Management Corp.) for his own use and benefit," the document claimed. The 14-year-old corporation also sought permission to reorganize under Chapter 11 of the U.S. Bankruptcy Code, said Alan Grochal, a bankruptcy attorney for Unitas Management. Mark Jensen, an attorney for Unitas Jr. declined to comment in detail until he had seen the complaint. After John Unitas Sr. died Sept. 11, 2002, at age 69, his 90-percent control of Unitas Management Corp. transferred to his attorney, Charles M. Tatelbaum of Fort Lauderdale, Fla., and his accountant, Howard Moffet of Pikesville, according to the complaint. The suit says Unitas Sr. told Moffet he was suspicious his son was "living beyond his means." Moffet declined late Friday to comment on the filings or on Unitas Sr.'s reported comments. Link to comment Share on other sites More sharing options...
EvilMonkeyBoy Posted June 23, 2003 Share Posted June 23, 2003 What is it with the offspring of sports legends? First those screwed up kids of Ted Williams and now this. Link to comment Share on other sites More sharing options...
DIESEL TROLL Posted June 23, 2003 Share Posted June 23, 2003 What is it with "offspring" in general anymore? :twitch: Link to comment Share on other sites More sharing options...
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